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Thursday, 02 April 2026
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Economics Past Questions and Answers

Economics Questions

Question 1356:
Unlike the retailer, the wholesaler provides?
  • A Useful information to the manufacturer about consumers'taste
  • B After-sales services to the consumers
  • C Useful information to the costumers on the benefits and uses of the product
  • D Useful information about market trends and finance to the manufacturer
View Answer & Explanation
Question 1357:
Liquidation of limited liability company implies that the?
  • A Company may not pay its debt
  • B Debts of the company can only be paid from its own assets
  • C Debts of the company are paid from both business and private funds of the owners
  • D Debts of the company musts be paid from public funds only
View Answer & Explanation
Question 1358:
One form of business organization which is not motivated solely by the profit objective is the?
  • A Joint stock company
  • B Private limited company
  • C Co-operative society
  • D Ordinary partnership
View Answer & Explanation
Question 1359:
Which of the following can have their shares quoted on the stock exchange?
  • A Public corporations
  • B A partnership
  • C A consumer corporative
  • D A public limited liability company
View Answer & Explanation
Question 1360:
The sector that employs the largest proportion of the active labour force in Nigeria is the?
  • A Oil sector
  • B Federal civil services
  • C Financial sector
  • D Agricultural sector
View Answer & Explanation