Business Units - Jamb Commerce Past Questions and Answers

Question 66:

• JAMB 2000

The term Plc implies that the are available

A. To the public at the company
B. Privately on the stock exchange
C. Publicly on the stock exchange
D. Publicly in commericial banks

Question 67:

• JAMB 2000

Which of these is both merit and demerit in partnership?

A. The number of partners
B. It unlimited nature
C. The bearing of risk
D. The withdrawal of a major partner

Question 68:

• JAMB 2000

The measure of independence available to the individual business unit that come together is the main different between

A. Veritcal and horizontal integration
B. Mergers and acquisition
C. Consortium and almalgamation
D. Trust and cartel

Question 69:

• JAMB 2000

On liquidation of a public limited liability company, the residual owners are the

A. Creditors
B. Ordinary shareholders
C. Preference shareholders
D. Debenture holders

Question 70:

• JAMB 2000

After registration, a certificate of trading is usually issued to a

A. Partnership
B. Public company
C. Private company
D. Sole proprietorship