Explanation

Merits of a joint stock company are:

(i) There is a perpetual existence because the death of any shareholder does not affect the business.

(ii) It has enough capital to engage specialists.

(iii) Joint stock company operates on a large scale and therefore enjoys the economies of large scale.

(iv) The company enjoys limited liability. The shareholders' liability is limited to the amount of shares held or agreed to purchase.

(v) It is a separate legal entity: It can sue and be sued as a corporate body.

(vi) The company can raise large capital by offering shares to the public.

(vii) It can easily raise loans, e.g debentures.

(viii) There is no limit to expansion.

(ix) There is democracy in its management: Shareholders are entitled to attend the annual general meeting and in the election of members of board of directors they have equal right to vote and be voted for.

(x) There is greater opportunity to undertake research programmes.

Correct Answer: C. couplet

Correct Answer: B. \(\frac{3}{4}\)

Explanation

Gradient = \(\frac{-4 - 4}{-3 - 3}\)

= \(\frac{-8}{6}\)

= \(\frac{4}{3}\)

Normal = -(\(\frac{1}{\frac{1}{4}}\))

= \(\frac{-3}{4}\)

Correct Answer: A. Conference

Correct Answer: A. authority

Explanation

Authority the power or right to give orders, make decisions, and enforce obedience. It is the right to exercise power, which can be formalized by a state and exercised by way of judges, appointed executives of government, or the ecclesiastical or priestly appointed representatives of a God or other deities.

Correct Answer: A. ignoring the counsel of the elders

Correct Answer: A. \(\frac{2}{3}\)

Explanation

For independent events \(P(X \cap Y) = P(X) \times P(Y)\)

\(\frac{2}{15} = \frac{1}{5} \times P(Y)\)

\(P(Y) = \frac{2}{15} ÷ \frac{1}{5} = \frac{2}{3}\)

Correct Answer: A. MLT\(^{-1}\)

Explanation

Impulse = Force \(\times\) time

Force has the dimension \(\frac{ML}{T^{2}}\), hence

Impulse= \(\frac{ML}{T^{2}} \times T = \frac{ML}{T}\)

Correct Answer: D. twice

Correct Answer: D. land tenure system