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Which of the following is a feature of sole proprietorship?
AIssue of shares
BLimited liability
CLimited capital
DLegal entity
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Question 1482
waec2001
Which of the following business must have at least one member with unlimited liability?
ALimited liability company
BLimited partnership
CNominal partnership
DPublic eneterprises
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Question 1483
waec2001
Branding is an aspect of marketing mix associated with?
Aprice
Bproduct
Cplace
Ddistribution
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Question 1484
waec2001
The number of times the average stock of a business is sold within a given period is?
Aturnover
Brate of turnover
Csales return
Dcurrent ratio
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Question 1485
waec2001
The mark-up of a retailer represents the?
Agross profit
Bopening stock
Cclosing stock
Dnet profit
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Question 1486
waec2001
Which of the following classified under production?
ACloth making
BShoe mining
CCoal mining
DRoad construction
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Question 1487
waec2001
hose who are engaged in exploiting natural resources are in?
Aextractive occupation
Bconstructive occupation
Ccommercial occupation
Dmanufacturing occupation
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Question 1488
waec2001
Which of the following best describes commerce?
ABuying and selling goods and services
BBuying, selling and distribution and services
CPreserving goods until they are needed
DMaking goods and services known to people
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Question 1489
jamb2001
One of the main obstacles of establishing the Niger River Basin Commission was to?
Aembark on a comprehensive survey of the available water resources
Bcarry research for the development of fresh water fisheries
Cdevelop infrastructure to facilitate economic activities
Dpromotes trade among member-state to improve standards of living
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Question 1490
jamb2001
One of the obstacles to achieving the objectives of ECOWAS is?
Alack of a common currency
Bcolonial linkages
Csovereignty of states
Dlanguage differences
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Question 1491
jamb2001
proper disposal of waste by business firms is one way of discharging their?
Aresponsibility to government
Benvironmental responsibility
Ccommunity responsibility
Dresponsibility to customers
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Question 1492
jamb2001
In the line type of organizational structure,
Athe lines of authority are vertical
Bthere is the application of division of labour
Cspecialization is carried to a maximum degree
Dthe lines of authority are horizontal
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Question 1493
jamb2001
A function organization structure is where?
Astaff performing the same functions are grouped together
Bdepartment performing similar functions grouped together
Cactivities of similar nature are grouped together
Dstaff performing similar functions are grouped together
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Question 1494
jamb2001
Departmentalization is an aspect of?
Aplaning
Borganising
Cdirecting
Dcontrolling
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Question 1495
jamb2001
One of the major function of a chamber of commerce is to
Apromotes and protect trade, industry and agriculture
Badvise members on regulations of other countries
Csettle disputes that arise out of trade
Dpublish books and periodical desired by members
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Question 1496
jamb2001
One way government reduces the repatriation of capital is through
Anationalization
Bdivestiture
Cindidenization
Dnaturalization
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Question 1497
jamb2001
The maximum number of shareholders in a public liability company is?
Atwenty
Bfifty
Cone hundred
Dunlimited
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Question 1498
jamb2001
Who is the offeree in this contract ?
AMusa
BAudu
CAdamu
DJacob
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Question 1499
jamb2001
Use the information below to answer question 40 and 41.
Musa rented a room to adamu for N1,500 and N1,000 part-payment was made. Adamu brought Audu and Jacob his friends to stay in the room.
The two friends later paid balance of N500 to Musa.
Who are the parties to the contract of renting the room?
AMusa and Jacob
BMusa and Audu
CAdamu and Musa
DAudu and Jacob
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Question 1500
jamb2001
Which of these companies offers after-sales services?
