Which of the following is not a feature of Sole Proprietorship?
The Sole Proprietor provides the capital to start the business
The Sole Proprietor is the boss of his business
There is unlimited liability
Continuity is doubtful at the death of the proprietor
Decision can be taken only by ten people
Correct answer is E
No explanation has been provided for this answer.
Mixed economy
Planned economy
Capitalist economy
Traditional economy
Civilized economy
Correct answer is C
No explanation has been provided for this answer.
Nigerian indigenization decree was promulgated in order to
Allow indigenes to have the full participation in the economic activities of the country
Drive away foreigners
Give equal chances to indigenes and foreigners in making economic decisions in the country
Give industrial training to indigenes
Indigenes expose the economic activities of the country
Correct answer is A
No explanation has been provided for this answer.
The two largest producers of crude oil in Nigeria are
Borno and Ondo States
Oyo and Bendel States
Kwara and Benue States
Rivers and Bendel States
Niger and Rivers States
Correct answer is D
No explanation has been provided for this answer.
US dollars
Canadian dollars
Pounds sterling
Deutschemark
Belgian franc
Correct answer is A
No explanation has been provided for this answer.