Which of the following business units can issue shares?

• A. Partnership
• B. Public limited liability company
• C. Sole proprietorship
• D. Central bank

The probability that Abiola will be late to the office on a given day is 2/5. In a given working week of six days, find, correct to four significant figures, the probability that he will:

(a) only be late for 3 days.

(b) not be late in the week:

(c) be late throughout the six days.

The Truce of al-Hudaybiyyah included terms such as

• A. payment of reparations to the Makkans by the Ummah
• B. the observance by both parties of a ten year period of peace
• C. prevention of Muslims from entering Makkah until ten years later
• D. the encouragement of the Makkans to join the Muslims in al-Madanah

The subscriptions received represent 80% of total payments and the opening balance is 30% of gate-fee collections.

The subscriptions received would be

• A. N200 000
• B. N240 000
• C. N300 000
• D. N24 000

The equatorial diameter of the earth is approximately

Agricultural productivity may be increased if

• A. educational institutions are established in rural areas
• B. commercial banks are established in rural areas
• C. more infrastructural facilities are provided in rural areas
• D. labour intensive method of agriculture is encouraged

Diagrams X and Y above are illustrations of transverse sections of a part of plants, Study them and answer this question.

The part labelled Il is the?

• A. Pith
• B. xylem
• C. Phloem
• D. endodermis

Which of the following factors would not be considered by a cement manufacturing firm in the choice of transportation mode for its goods?

• A. Availability of the mode
• B. Government policies
• C. Quantity of the product
• D. Cost of the mode

The partners capital are: Modibbo #60,000 and Jakata #90,000. The partners share profit and losses in the ratio of their capital contributions. The net profit for the year is #12,000. What is Jakata's sharing profit?

• A. 3:5
• B. 1:2
• C. 2:5
• D. 1:5

Small scale retail attracts a lot of new enterpreneurs in West Africa because

• A. many people have had good training in retail trade
• B. it is easy to succeed with the business
• C. banks are always ready to lend retailers
• D. only a small amouynt of capital is needed to start the business