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Tuesday, 07 April 2026
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Economics Past Questions and Answers

Economics Questions

Question 956:
The size of a business units tends to be small if the activity?
  • A Involves mass production of goods
  • B Requires a large capital
  • C Requires division of labour
  • D Involves the provision of direct services
View Answer & Explanation
Question 957:
Which type of business organization has the attribute effectively combining management with control?
  • A Sole proprietorship
  • B Partnership
  • C Limited liability company
  • D Co-operatives
View Answer & Explanation
Question 958:
The co-operative as a form of business organization differs from partnership by having?
  • A Serveral sources of capital for business financing
  • B Ability to issue preferred stocks to members
  • C Entrenched democratic control in the conduct of business
  • D Established rules and regulations governing the activities of its members
View Answer & Explanation
Question 959:
the type of business finance that entitle the holder to a fixed rate of dividend is?
  • A Perferred stock
  • B Common stock
  • C Debenture stock
  • D Bank loan
View Answer & Explanation
Question 960:
Which of the business organization listed below is characterized by limited authority and liability of the individual owners?
  • A Sole properitorship
  • B Partnership
  • C Joint stock company
  • D Co-operative society
View Answer & Explanation