What is NOT an advantage of indigenization?
lt enhances the development of private initiative
lt ensures that important social services are provided at affordable cost
lt ensures that Nigerians control and run the business enter-prize of their country
It fosters and accelerates the pace of industrial development
There is a saving in foreign exchange
Correct answer is B
No explanation has been provided for this answer.
Which of NOT a class of preference shares?
cumulative
debenture
non-cumulative
participating
redeemable
Correct answer is B
No explanation has been provided for this answer.
ln which business is profit shared amongst the shareholders on the basis of patronage?
co-operative society
joint stock company
partnership
public company
sole proprietorship
Correct answer is A
No explanation has been provided for this answer.
The affairs of the co-operative society are in the hands of the
Board of directors
Board of trustees
Executive members
Registrar of Co-operatives
Shareholders
Correct answer is C
No explanation has been provided for this answer.
What is NOT a right of the consumer?
a healthy environment
be heard
to be informed
get value for money spent
save money on food and drugs
Correct answer is E
No explanation has been provided for this answer.