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Registration of businesses - Jamb Commerce Past Questions and Answers

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Jamb Commerce Past Questions

Jamb Past Questions and Answers on Registration of businesses

Question 11:


A written partnership contract is known as?

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


Question 12:


A Memorandum of Association is applicable to a?

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


Question 13:


A document which advertise the shares of a company is known as a?

A. Memorandum of satisfaction
B. Dividend warrant
C. Deed
D. Prospectus


Question 14:


A document which gives a legal status to a company is the certificate of?

A. Incorporation
B. Trading
C. Commencement of business
D. Business registration


Question 15:


A proposed company may not be registered if?

A. The name conficits with that of another
B. It does not put 'limited' after its proposed name
C. It has no paid-up capital
D. It has no asset of its own






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