Correct Answer: B. fa

Correct Answer: B. voting at elections

Correct Answer: C. 3

Explanation

(a)Customs Union is an agreement among nations to eliminate trade barriers such as tariffs, quotas etc, among themselves or members and to adopt common barriers to imports from non-member countries.

(b) Advantages of Customs Union are:

(i) Enhanced welfare for the citizens.

(ii) Improved efficiency and stimulation of faster economic development.

(iii) Lower costs per unit due to internal economies reaped by producing for a large market.

(iv) A larger internal market for members and increased trading activities between member countries.

Disadvantages of Customs Union are:

(i) Possible death of some industries resulting in some degree of frictional unemployment.

(ii) Loss of revenue that would have accrued as a result of abolition of tariffs.

Correct Answer: B. the leader of the majority party in the legislature

Explanation

In a parliamentary system of government, the head of government is typically the leader of the majority party in the legislature. This is because the head of government, often called the prime minister, is usually the leader of the political party that has the most seats in the legislature.

Correct Answer: c. Took

Correct Answer: A. make an accurate map of a part of the earth's surface

Correct Answer: D. unemployment

Explanation

(a) Problems of partnership include:

(i)Unlimited liability: The partners are liable to the debts of the business to no limit.

(ii)Difficulty in management:Decision-taking is going to be long and slow as every partner would want their voice to be heard, thus, creating disagreement.

(iii)Inability to raise sufficient capital: Partners cannot invite the public to raise capital, and because of its unlimited liability, members fear to invest in partnership.

(iv)Risk of dissolution: The partnership stands dissolved at the death, bankruptcy or insanity of a member

(v)Action of one partner on others: There is the danger that one reckless partner can ruin others.

(vi) Partnership profits have to be shared among members; some may get more than the other.

(vii) Success of partnership depends on the ability of partners to work as a team.

(viii) The growth of the business is limited to the managerial abilities of the partners.

(b) Conditions suitable for the formation of partnership are:

(i) Large amount of capital is necessary for the business as a limited company.

(ii) The success of the business requires the skill or knowledge of experienced members of the partnership/joint decision, for example, solicitors, doctors, etc.

(iii) The ownership and control should not be extended outside a family or friends.

(iv) Partnership is suitable for executing short term venture.

Correct Answer: C. sustaining the productivity of the soil