Forms and features - Jamb Commerce Past Questions and Answers

Question 61:

• JAMB 2018

services which are of absolute monopoly can best be provided by?

A. Private companies
B. Limited liability
C. Public companies
D. Public enterprises

Question 62:

• JAMB 2018

A form of ownership which exploits the strenght of one partner to remedy the weakness of the other is the?

A. Joint partnership
B. Cooperative
C. Corporation
D. Joint venture

Question 63:

• JAMB 2018

A group of companies is a collection of?

A. Subsidiaries and their holding company
B. Firms
C. Associates and their holding company
D. Industries

Question 64:

• JAMB 2019

A company which another company is a member and control the board of directors or hold more than half of its equity is termed_______

A. Subsidiary
B. Syndicate
C. Holding Company
D. Parent company

Question 65:

• JAMB 2019

The difference between Articles of association and memorandum of Association is that the latter deals

A. With the Internal working relationship of the company and its members
B. With the powers and relationships of the company with outsiders
C. The method of issue, transfer and future of the company's shares
D. The rights and responsibilities of shareholders