Economics for j.s3

Welcome to your Economics for j.s3

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1. The movement of people and goods from one location to another is called ------

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2. Transportation generates revenue and promotes employment------

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3. All these are modes of transport except

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4. All these are communication devices/means except ----

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5. The final user of our goods and services is the -----

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6. An agency set-up specifically with the aim of protecting the consumers from being short changed in his interaction with the manufacturer is called ----

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7. All these are among the regulators of consumer protection agency except -----

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8. A form of business enterprise owned and managed by one person is called -----

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9. All these are type of partners except -----

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10. Another name for 'wound Up' of a company is.

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11. One of these is among legislations on consumer issues ----

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12. Business organizations owned by the government is called ----

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13. Power Holding Company of Nigeria plc is an example of ---- company

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14. The method of ensuring that consumers get maximum satisfaction from goods and services they purchase is called consumer----

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15. A type of advertising best for a new product is----

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16. Ekene Dili Chukwu Nig Ltd is an indication of a ------

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17. One of the following is not an example of a payment bill

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18. One of these is not a feature of a memorandum of association

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19. The physical counting and verification of items a business has in the store is called ---

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20. The means of creating awareness of the existence of new goods and reviving buyers interest on an old product is known as ...

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SUBJECTIVES

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1. A source of capital to a sole proprietor i konw is ------

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2. In a partnership business it has a minimum of ---- and a maximum of ----

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3. Two types of company i know are ---- and 4. -----

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5. A private limited liability company ends its name with ---- while that of public limited liability ends with 6. ----

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7. In public limited liability shares are transferable ( TRUE / FALSE)

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8. A document which forms the constution of a company defines its objectives and power is called -----

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9. When a company has limited liability it means that the -----

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10. Write this in full C.P.C ----

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THEORY

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1a. Define a company?

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b. Mention the two types of companies you know

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c. Give two example of each of them

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2a. Mention any five consumer protection agencies you know

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b. Differentiate between road transport and pipeline transportation

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3a. Define partnership

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b. Outline the four types of partnership you know

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