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Mr. Nku’s disappearance after taking a loan from the cooperative is an example of ...

Mr. Nku’s disappearance after taking a loan from the cooperative is an example of ____________
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Financial mismanagement
  • B Premeditated fraud
  • C Corporate embezzlement
  • D Banking errors in loan disbursement
Correct Answer: Option B
Explanation:
The passage describes how Mr. Nku took a loan and disappeared within two days, implying an intentional act of fraud.

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