Public enterprises and their problems - Jamb Economics Past Questions and Answers

Question 1:

• JAMB 2018

The business risks of a public corporation are borne ultimately________

A. By the government
B. By the treasury
C. By the rate payers
D. By the tax payers

Question 2:

• JAMB 2019

Which of the following business organization is allowed to raise capital by sales of shares to more than twenty people?

A. Partnership
B. Sole proprietorship
C. Public limited liability company
D. Private limited liability company

Question 3:

• JAMB 2019

The transfer of public share holding in corporations to private enterprise is___________?

A. Incorporation
B. Concession
C. Privatization
D. Commercialization

Question 4:

• JAMB 2019

The type of business finance that entitles the holder to a fixed rate of dividend is______________--

A. Bank load
B. Debenture
C. Preferred stock
D. Semi-fixed

Question 5:

• JAMB 2016

Public limited liability companies are owned by__________?

A. The federal government
B. Private and individual organizations
C. The state government
D. The federal and state governments