Correct Answer: C. Stomach

Correct Answer: C. entirely on owners

Explanation

The seller is responsible for the maintenance of the property, any repairs and for paying property taxes and insurance, the same as any landlord.

Explanation

(b) Note:See above sketch or outline for the necessary answers

(c) At Okeigbo the following exist: hospital, district council, police station, schools, and water supply while Mefoworade has none of all the things mentioned above. Besides, Okeigbo is a nodal town while Mefoworade is not.

(d) The three land-use types found in the area mapped are as follows:

(i) Farming:There are several evidence of scattered cultivation in the area mapped

(ii) Transportation:The presence of all categories of roads in the area mapped

(iii) Settlement: Several settlements exist and each performing different functions

Correct Answer: C. Mining industry

Explanation

Primary products are goods that are available from cultivating raw materials without a manufacturing process. Significant primary product industries include agriculture, fishing, mining and forestry. Examples of primary products are: oil, water, fish, fruit, crops, wood etc.

Correct Answer: A. Atomic radius

Explanation

(a)A market economy is an economic system in which most of the means of production are owned and controlled by private individuals and in which the economic activity of the government is minimal. Also, in a market economy, resources are allocated through the price mechanism.

(b) The features of a market economy are:

(i) Firms are motivated by profit and households or individuals aim at getting maximum value for the money they spend.

(ii) The price mechanism is the key in the free market system. The answer to the questions what, how and for whom to produce lies in the price system.

(iii) There is consumer sovereignty. The wishes of the consumer ultimately determine what to produce, when to produce and at what price to produce.

(iv) Resources are efficiently allocated.

(v) There is free competition among economic units.

(vi) There exists private ownership of property.

Correct Answer: D. Personification

Correct Answer: D. N5,000

Correct Answer: B. before

Explanation

The correct answer is B. before.

Correct Answer: D. sales of shares to the public

Explanation

A private limited company is a business entity that is held by private owners. However, private limited companies do not need to issue a prospectus because the public is not invited to subscribe for the shares of the company. A private limited company needs a minimum of only 2 directors. private company, the number of shares traded is relatively smaller and also the traded shares are owned by limited individuals. On the other hand, the shareholders in a public limited company are the public. A company whose securities are traded on a stock exchange and can be bought and sold by anyone. Public companies are strictly regulated, and are required by law to publish their complete and true financial position so that investors candetermine the true worth of its stock (shares). Also called publicly held company.