Forms and features - Jamb Commerce Past Questions and Answers

Question 66:

• JAMB 2019

The basic characteristics of co-operative society include all except one

A. It is managed democratically
B. It follows the principle of one man
C. Amateur Management
D. Extra capital is raised through loan

Question 67:

• JAMB 2019

The basic characteristics of co-operative society include all except one

A. It is managed democratically
B. It follows the principle of one man
C. Amateur Management
D. Extra capital is raised through loan

Question 68:

• JAMB 2019

Which of the limited liability companies have a limit of fifty members and do not issues their shares to the public

A. Private limited liability
B. Public limited liability
C. Partnership
D. Co-operative society

Question 69:

• JAMB 2019

The Sole aim of government owned business is to

A. Make profit
B. Provide services to the public
C. Spread environmental pollution
D. Manage action

Question 70:

• JAMB 2021

The main advantage of a sole trader is the freedom to?

A. Employ anyone he likes
B. Take quick decision
C. Seek advise from any source
D. Plough all the profits