Business Units - Jamb Commerce Past Questions and Answers

Question 141:

• JAMB 2015

Citizens are against privatization mainly because of

A. Ineffective Management
B. The likely hood of monopoly
C. Increased price of good and services
D. The ration dilation of organizations.

Question 142:

• JAMB 2015

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

A. Partnership
B. Company
C. Joint venture
D. Co-operative society

Question 143:

• JAMB 2015

A memorandum of association is applicable to a

A. Partnership
B. Sole trader
C. Joint stock company
D. Public corporation

Question 144:

• JAMB 2015

The measure of independence available to the individual business units that come together is the main difference between

A. Vertical and horizontal integration
B. Mergers and Acquisition
C. Consortium and imagination
D. Trust and Cartel

Question 145:

• JAMB 2015

The difference between a private are public limited liability company is that the former

A. Is unable to declare and pay dividend.
B. Has a higher number of share holder
C. Is unable to offer shares to the public.
D. Pays higher salaries to its member