Business Organisations
GCE Commerce
11 Business Organisations practice questions covering everything you need for GCE.
Drill Business Organisations →Sample Business Organisations questions
a) Define the term 'business organisation'. (2 marks) b) State and explain FOUR types of business organisations found in Nigeria. (8 marks) c) State THREE advantages of a public limited liability comp…
a) Explain the term 'cooperative society'. (2 marks) b) State and explain FOUR types of cooperative societies. (8 marks) c) Distinguish between a public corporation and a public limited liability comp…
The document that governs the internal management and relationship among members of a company is the
Eze, Bello, and Chukwu formed a partnership and contributed capitals of ₦120,000, ₦80,000, and ₦60,000 respectively. If the partnership deed is silent on profit sharing, how much of a ₦78,000 profit w…
Which of the following is a feature that distinguishes a public limited company from a private limited company?
Which of the following best describes a sole proprietorship?
The statutory minimum number of persons required to form a public limited company in Nigeria under the Companies and Allied Matters Act (CAMA) 2020 is
Which of the following best explains the concept of 'limited liability' as it applies to a shareholder of a company?
A statutory corporation differs from a public limited company in that a statutory corporation
A cooperative society differs from a limited liability company mainly because a cooperative society
A major disadvantage of a partnership over a sole proprietorship is that