JAMB Past Questions and Answers - Page 227

1,131.

Samuel's lack of parental responsibility led to

A.

The demand for a king in Israel

B.

His untimely death at Ramah

C.

The defeat of the Israelites in battle

D.

The anointing of David as king

Correct answer is A

No explanation has been provided for this answer.

1,132.

The merger of a textile mill, a cement company and a tannery is referred to as?

A.

conglomerate merger

B.

horizontal merger

C.

lateral merger

D.

vertiical merger

Correct answer is B

No explanation has been provided for this answer.

1,133.

A written partnership contract is known as?

A.

an invoice

B.

a deed

C.

a prospectus

D.

a proposal

Correct answer is B

No explanation has been provided for this answer.

1,134.

The strategy adopted by a firm that ceases to operate at one or more locations because of inactivity is?

A.

rejuvenation

B.

focus

C.

diversification

D.

consolidation

Correct answer is C

No explanation has been provided for this answer.

1,135.

An action taken by a company outside its object clause is regarded as?

A.

ultra vires

B.

a trespass

C.

uberrima fides

D.

caveat emptor

Correct answer is A

No explanation has been provided for this answer.