Question 556:

• JAMB 2003

In the event of the liquidation of a company, the first to be settled are?

A. Debenture holders
B. Members of the board
C. Preference shareholders
D. Ordinary shareholders

Question 557:

• JAMB 2003

The business organization established mainly for the purpose of carrying out specific assignments for a specific duration is a?

A. Joint venture
B. Cooperative society
C. Partnership
D. Company

Question 558:

• JAMB 2003

Which oft these factors of production is relatively fixed in supply?

A. Capital
B. Enterpreneuer
C. Human resources
D. Natural resources

Question 559:

• JAMB 2003

The location of a business is mostly influenced by?

A. Market outlet
B. Management decision
C. Capital
D. Environment

Question 560:

• JAMB 2003

The evolution of commerce in Nigeria is traceable to the?

A. Period of barter economy as human needs became limitless
B. Desire by human beings to satify their needs through the services of other people inthe society
C. Development of human civlizations and the desire to meet their needs
D. Primitive stage of existence of human beings