Commerce JAMB, WAEC, NECO AND NABTEB Official Past Questions

85

The coming together of two or more firms at different stages of production is?

  • A. horizontal merger
  • B. vertical merger
  • C. amalgamation
  • D. cartel
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86

Which of the following is not a source of finance to a sole proprietor?

  • A. Trade Credit
  • B. Overdrafts
  • C. Debentures
  • D. Leasing of equipment
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87

Which of the following is not a source of finance to a sole proprietor?

  • A. Trade Credit
  • B. Overdrafts
  • C. Debentures
  • D. Leasing of equipment
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88

Which of the following can be defined as trade and aids to trade?

  • A. Advertising
  • B. Commerce
  • C. Wholesaling
  • D. Retailing
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