Business Units - Jamb Commerce Past Questions and Answers

Question 156:

• JAMB 2018

From which of the following sources can partnership increase their capital?

A. Sales of shares
B. Admission of new partners
C. Discharge of mortgage
D. Grants from relatives

Question 157:

• JAMB 2018

The board of directors of public enterprise is appointed by who?

A. Employees
B. Management
C. Government
D. Shareholders

Question 158:

• JAMB 2018

The maximum number of shareholders in a public liability company is

A. One hundred
B. Unlimited
C. Fifty
D. Twenty

Question 159:

• JAMB 2018

In a public limited liability company, planning is carried out by

A. Employees
B. The chairman of the board
C. Shareholders
D. Manufacturer’s warehouse

Question 160:

• JAMB 2018

An arrangement by independent firms to share the market of their products on quota basics Is referred to as

A. Cartel
B. Syndicate
C. Trust
D. Integration