WAEC Past Questions and Answers - Page 3558

17,786.

The National Electrical Power Authority (NEPA) in Nigeria is a

A.

Public Limited Company

B.

Private limited company

C.

Private authority

D.

Public corporation

Correct answer is D

No explanation has been provided for this answer.

17,787.

A limited liability company is owned by the

A.

President of the country

B.

Workers

C.

General manager

D.

Shareholders

Correct answer is D

No explanation has been provided for this answer.

17,788.

Small firms are important for the development of a country because

A.

The prices of their products are usually high

B.

They render personalized services to the consumers

C.

They usually produce goods for the elites

D.

They do not normally provide after sales services

Correct answer is B

No explanation has been provided for this answer.

17,789.

The main objective of setting up private businesses is to

A.

Protect the interest of the government

B.

Maximize profits

C.

Provide infrastructure

D.

Promote exports

Correct answer is B

No explanation has been provided for this answer.

17,790.

The location of timber and plywood industries in West Africa is mainly influenced by the availability of

A.

Transport

B.

Water

C.

Raw materials

D.

Labour supply

Correct answer is C

No explanation has been provided for this answer.