The economic goals of public corporation is to
Maximize profits
Expand assets
Minimize cost
Provide essential services
Correct answer is D
No explanation has been provided for this answer.
The shares which do not carry any fixed rate of dividend are known as
Debenture
Cumulative preference shares
Ordinary shares
Participating preferencial shares
Correct answer is C
No explanation has been provided for this answer.
One advantage of the sole proprietor is that
Control and supervise is under one man
Accounts must be publisized
It is always successful
Funds are easy to obtain
Correct answer is A
No explanation has been provided for this answer.
Which of the following is a type of business organization?
Stock exchange
Insurance company
Chain stores
Co-operative
Correct answer is D
No explanation has been provided for this answer.
The most common type of business in West African countries is
Joint-stock companies
Sole proprietorships
Partnership
Public enterprises
Correct answer is B
No explanation has been provided for this answer.