The monopolist power can be controlled by the government through
Labour union
Price legislation
Import restrictions
Export promotion
Correct answer is B
No explanation has been provided for this answer.
Which of the following is not a trade union in Nigeria?
Nigerian Labour Congress
Academic Staff Union of Universities
Nigerian Economic Society
Nigerian Union of Journalists
Correct answer is C
No explanation has been provided for this answer.
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.