JAMB Commerce Past Questions & Answers - Page 161

801.

Privatization is concerned with?

A.

equal ownership between the public and the governement

B.

the dilution of ownership among the public

C.

the individual ownership of companies

D.

governement ownership of companies

Correct answer is C

No explanation has been provided for this answer.

802.

The ECOBANK is the initiative of?

A.

some well-meaning Nigerian shareholders

B.

the Federal Government of Nigeria

C.

West African states tto foster trade

D.

the Lagos State Governement to enhance capital mobilization

Correct answer is C

No explanation has been provided for this answer.

803.

Social responsibility of an organization to?

A.

tackle the socio-economic problem of its community

B.

meet the needs of its community

C.

contribute to sustaining and developing its community

D.

operate without disrupting the very essence of the enviroment

Correct answer is C

No explanation has been provided for this answer.

804.

The act of a person employing another to enter into a contract on his behalf is known as?

A.

business

B.

sale of goods

C.

bilateral agreement

D.

agency

Correct answer is D

No explanation has been provided for this answer.

805.

The government policy thrust on the business environment is to?

A.

promote experts

B.

attract investors

C.

be self-sufficient

D.

increase production

Correct answer is B

No explanation has been provided for this answer.