Business Units - Jamb Commerce Past Questions and Answers

Question 161:

• JAMB 2018

The main objective of corporate mergers is to?

A. Minimize the effect of taxation
B. Increase financial advantage
C. Facilitate profit maximization
D. Enhance economies of scale

Question 162:

• JAMB 2018

Rights issue means the?

A. Issue of shares to the directors of a company.
B. Issue of shares by a company only to the founders of the company
C. Right of shareholders to vote on any issue
D. Issue of shares to shareholders on favorable terms

Question 163:

• JAMB 2018

when it becomes necessary to liquidate a company, the first step to be taken is the appointment of a?

A. A receiver
B. An auditor
C. An account
D. A liquidator

Question 164:

• JAMB 2018

The business organisation in which shareholders have equal votes is?

A. Sole proprietorship
B. Partnership
C. Cooperative
D. Limited liability company

Question 165:

• JAMB 2018

services which are of absolute monopoly can best be provided by?

A. Private companies
B. Limited liability
C. Public companies
D. Public enterprises