Indigenized
Restructured
Privatized
Commercialized
Correct answer is D
No explanation has been provided for this answer.
Which of the following business units can issue shares?
Sole trader
Private limited companies
Central Banks
Supermarkets
Correct answer is B
A private company is a firm that is privately owned by shareholders who have each invested a sum into the business.
Private companies can issue shares and have shareholders, but their shares are not issued to the general public for subscription and are not traded on the public stock exchange market like public companies.
This means that they can raise capital through the issue of shares privately but not publicly. To do this, they do not need to meet the requirements of the Security and Exchange Commission, but rather, the members of the company (minimum of 2, and maximum of 50), only need to agree on selling the shares to new members.
Industries are not sited in most rural areas of Nigeria because
Of inadequate basic infrastructure
They lack raw materials
There is no appropriate government policy
The climate is not conducive
Correct answer is B
No explanation has been provided for this answer.
Monocultural agriculture means
The cultivation of seasonal crops
The cultivation of one major crop
Plantation agriculture
Shifting cultivation
Correct answer is B
No explanation has been provided for this answer.
The upward slope of the supply curve indicates that
More will be supplied as price rises
Less will be supplied as price rises
Supply is not a function of price
Supply is static and demand is dynamic
Correct answer is A
No explanation has been provided for this answer.