A. N49,600 B. N24,800 C. N6,200 D. N3,100 Correct Answer: Option B B. N24,800
A. N90,000 B. N60,000 C. N54,000 D. N36,000 Correct Answer: Option C C. N54,000
A. Partnership B. Cooperative society C. Public limited company D. Public corporation Correct Answer: Option B B. Cooperative society
A. 75% B. 40% C. 33% D. 25% Correct Answer: Option D D. 25%
A. paid-up capital B. unissued capital C. reserved capital D. called-up capital Correct Answer: Option D D. called-up capital
A. in the ratio of partners' capital B. equally among the partners C. proportionate to patronage D. proportionate to assets…
A. dormant partner B. nominal partner C. general partner D. active partner Correct Answer: Option D D. active partner
A. trade creditors B. employees C. trade debtors D. entrepreneurs Correct Answer: Option D D. entrepreneurs
A. Name clause B. Registered office C. Objective clause D. Rights of shareholders Correct Answer: Option D D. Rights of…
A. holding company B. credit union C. trade union D. consumer association Correct Answer: Option B B. credit union