Business Units - Jamb Commerce Past Questions and Answers

Question 181:

• JAMB 2021

When two or more companies agree to execute a project too large for one to handle, this is referred to as ____________

A. An amalgamation
B. A cartel
C. A consortium
D. A merger

Question 182:

• JAMB 2021

The main advantage of a sole trader is the freedom to?

A. Employ anyone he likes
B. Take quick decision
C. Seek advise from any source
D. Plough all the profits

Question 183:

• JAMB 2021

The major objective of corporate mergers is to?

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