Which of the following does not hinder the efficient distribution of goods in West Africa?
Inadequate transportation network
Inadequate storage facilities for agricultural goods
Inadequate credit facitlities for potential distributors
Government participation in the distributive trade
The tendency to hoard and smuggle
Correct answer is D
No explanation has been provided for this answer.
One of the advantages of Sole Proprietorship is that
Risks are unlimited
Technological progress is often out of reach
Shares and stocks can be issued to raise funds
Initiatives can be used in all cases
It folds up in the case of death, lunacy or insolvency
Correct answer is D
No explanation has been provided for this answer.
The clearing house of all commercial banks in Nigeria is the
General Post Office
Bank for Commerce and Industry
Nigerian Industrial Development Bank
Mortgage Bank
Central Bank
Correct answer is E
No explanation has been provided for this answer.
Which of the following factor is not important in deciding the location of an industry?
The native language of the people
Availabilty of suitable labour
Source of cheap power and raw materials
Proximity to the location of a similar industry
Proximity to the market
Correct answer is A
No explanation has been provided for this answer.
A firm is said to be a Public Joint-Stock Company when it
Is owned by the government
Operates as a public corporation
Is a limited liability company
Sells its shares to members of the public
Is administered by the public
Correct answer is D
No explanation has been provided for this answer.