Business Units - Jamb Commerce Past Questions and Answers

Question 96:

• JAMB 2004

A written partnership contract is known as?

A. An invoice
B. A deed
C. A prospectus
D. A proposal

Question 97:

• JAMB 2004

The merger of a textile mill, a cement company and a tannery is referred to as?

A. Conglomerate merger
B. Horizontal merger
C. Lateral merger
D. Vertiical merger

Question 98:

• JAMB 2004

Loan schemes by thrift societies are?

A. Mortage schemes
B. Conventional schemes
C. Mutual schemes
D. Unconventional schemes

Question 99:

• JAMB 2005

A major disadvantage of the privatization policy is that?

A. The economy would be private-sector-led
B. Citizens would benefit less from government
C. More money would be bought into circulation
D. Government would loss control of the economy

Question 100:

• JAMB 2005

Commercialization of government corporations brings about an increase in the level of?

A. Money supply in the economy
B. Distrust among business operators
C. Competition among business operators
D. Social responsibility