JAMB Commerce Past Questions & Answers - Page 134

666.

The difference between a private and public limited liability company is that the former?

A.

is unable to offer shares to the public

B.

is unable to declare and pay dividend

C.

has a higher number of shareholders

D.

pays higher salaries to its managers

Correct answer is A

No explanation has been provided for this answer.

667.

The development of commerce resulted from?

A.

trading

B.

competition

C.

importation

D.

specialization

Correct answer is A

No explanation has been provided for this answer.

668.

i. Wholesaler
ii. Fishing
iii. Canning
iv. Retailing
The sequence in which the occupational activities above are performed is?

A.

iii, ii, i and iv

B.

iii, i, iv and ii

C.

i, ii, iii and iv

D.

ii, iii, i and iv

Correct answer is D

No explanation has been provided for this answer.

669.

Capital to a business is technically?

A.

an expense

B.

availiability of local market

C.

an assets

D.

a porfit

Correct answer is C

No explanation has been provided for this answer.

670.

The factor which critically determines the choice of occupation is?

A.

training

B.

skill

C.

interest

D.

apititude

Correct answer is B

No explanation has been provided for this answer.