by Sunday | Jul 26 | Commerce WAEC
A. nationals, may not welcome the change of ownership B. foreigners are not able to control the economy C. repatriation of profit is increased D. there may be capital flight E. there will be an adverse balance of payment Correct Answer: Option D – there may be...
by Sunday | Jul 26 | Commerce WAEC
A. Government does not nationalize businesses owned by its citizens B. Government nationalizes foreign business C. Government does not give nationalized industries to private owners D. Government nationalizes viable business E. Public corporations are owned by the...
by Sunday | Jul 26 | Commerce WAEC
A. memorandum of association B. prospectus C. articles of association D. deed of partnership E. deed of conveyance Correct Answer: Option D – deed of partnership
by Sunday | Jul 26 | Commerce WAEC
A. pegged B. unlimited C. limited D. unpredictable E. restricted Correct Answer: Option C – limited
by Sunday | Jul 26 | Commerce WAEC
A. Provision of essential services B. Large capital requirements C. Avoiding duplication of services D. Preventing private monopoly E. Making high profit Correct Answer: Option E – Making high profit
by Sunday | Jul 26 | Commerce WAEC
A. Loan from friends B. Personal savings C. Ploughing back profit D. Borrow from relations E. Borrowing through debentures Correct Answer: Option E – Borrowing through debentures