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Which of the following documents is used to advertise shares to the public?
ALetter of allotment
BArticles of association
CMemorandum of asscociation
DProspectus
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Question 1602
waec1999
A public Limited Company whose nominal capital is made up of 400,000 ordinary shares of 50k each, decided to issue 50% of it to the public and realized only 50% of the amount due
What is the called-up capital
A#50,000.00
B#100,000.00
C#200,000.00
D#400,000.00
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Question 1603
waec1999
A public Limited Company whose nominal capital is made up of 400,000 ordinary shares of 50k each, decided to issue 50% of it to the public and realized only 50% of the amount due
What is the paid up capital?
A#50,000.00
B#100,000.00
C#150,000.00
D#200,000.00
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Question 1604
waec1999
A public Limited Company whose nominal capital is made up of 400,000 ordinary shares of 50k each, decided to issue 50% of it to the public and realized only 50% of the amount due
What is the company's registered capital?
A#50,000.00
B#80,000.00
C#200,000.00
D#400,000.00
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Question 1605
waec1999
Which of the following is formed in order to enforce the rights and powers of buyers in relation to sellers?
AConsortium
BTrade Association
CConsumer Association
DHolding company
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Question 1606
waec1999
A company is said to be insolvent when
Ait makes a loss in any one year
Bits total liabilities exceed total assets
Cthe ordinary shareholders recieve no dividend from the company
Dthe preference shareholders could not be paid by the company
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Question 1607
waec1999
The document which regulates the operations of a partnership is known as
ADeed
BArticles of Association
CProspectus
DCertificate of trading
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Question 1608
waec1999
The safe keeping of goods from the point of production to the time they are needed is`
Astandardizing
Bwarehousing
Choarding
Dstock controlling
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Question 1609
waec1999
A public limited company wishing to obtain more capital may have to
Aapply for subvention
Bbuy treasury bills
Cbuy second-hand securities
Dissue debentures
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Question 1610
waec1999
A business unit in which profits are shared on the basis of members' patronage is known as
Apartnership
Bpublic limited company
CCo-operative society
Dprivate limited company
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Question 1611
waec1999
Which of the following enables people to consume a variety of goods and services?
ALabour
BCapital
CLand
DExchange
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Question 1612
waec1999
Which of the following refers to all the resources used in creating utilities?
AFixed capital
BFactors of production
CEnterpreneurship
DLabour
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Question 1613
waec1999
Which of the following brings about specialization?
ARecruitment of staff
BDivision of labour
CBusiness resource
DEmployer of labour
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Question 1614
waec1999
The goods that are used for the production of other goods are known as
Acommercial goods
Bconsumer goods
Ccapital goods
Dnon-durable
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Question 1615
waec1999
A shoe repairer is engaged in a
Aservice occupation
Bmanufacturing
Cextractive occupation
Dcommercial occupation
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Question 1616
jamb1999
The proposed monetary integration within ECOWAS sub-region has the overriding benefit of a
Aimproved exchange
Benhanced trade
Cenhance development
Dimproved relations
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Question 1617
jamb1999
Which of the following group of countries are members of the Niger Basin Commission?
AThe republic of Guinea, Burkina Faso and Nigeria
BGhana, liberia, and the republic of Benin
CMali, Liberia and Nigeria
DGhana , Burkina Faso and Chad
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Question 1618
jamb1999
The right of the public to protection against questionable products and marketing practices is
Aan economic aspect of the business
Ba social responsibility of business
Ca legal aspect of the business
Da political aspect of the business
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Question 1619
jamb1999
Which of these sets of external environmental factors affects a business operation?
ACompetition, industry operation
BCompetition, labour and political
CPolitical, cultural and labour
DEconomic, social and legal
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Question 1620
jamb1999
The main thrust of government policy of evolving good business environment in Nigeria is the need
