The distribution of profits based upon the level of patronage in the business is a common feature of
partnership firms
public limited companies
co-operative societies
private limited companies
Correct answer is B
No explanation has been provided for this answer.
An advantage of a public limited company over a private one is the
limited liability of share holders
easy transferability of shares
access to retained earnings
less taxation by government
Correct answer is A
No explanation has been provided for this answer.
an industrial undertaking
creation of utility
earning one's daily bread
the changing of raw materials
Correct answer is B
No explanation has been provided for this answer.
Which of the following coordinates other factors of production to achieve set objectives?
Land
Labour
Enterpreneur
Capital
Correct answer is B
No explanation has been provided for this answer.
Farming is an activity that falls under?
tertiary occupation
commercial occupation
extractive occupation
secondary occupation
Correct answer is C
No explanation has been provided for this answer.