Business Units - Jamb Commerce Past Questions and Answers

Question 171:

• JAMB 2019

One of the disadvantages of Sole Proprietorship is__________

A. It requires small operations
B. It involves small capital
C. It lacks specialization
D. Grants from government

Question 172:

• JAMB 2019

In the formation of a united liability company, the following documents are prepared except_______

A. Memorandum of Association
B. Article of Association
C. Statement of Nominal Capita
D. Prospectus

Question 173:

• JAMB 2019

The process of winding up or bringing a company to an end is________

A. Dissolution
B. Liquidation
C. Integrating
D. Merger

Question 174:

• JAMB 2019

An example of vertical integration is___________

A. Trust
B. Cartel
C. Merger
D. Price Ring

Question 175:

• JAMB 2019

A company which another company is a member and control the board of directors or hold more than half of its equity is termed_______

A. Subsidiary
B. Syndicate
C. Holding Company
D. Parent company