JAMB Commerce 2011 Objective — Question 25

Question 25 of 49 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2011 Objective paper, with the correct answer and a full explanation.

The business organization that can effectively combine management with control is A. private limited liability company B. sole proprietorship C. public limited liability company D. co-operative society

A. A. private limited liability company
B. B. sole proprietorshipCorrect
C. C. public limited liability company
D. D. co-operative society

Explanation

For a sole proprietor, he manages and controls his business as against other forms of business ownership in which the controllers are in form of board of directors and separate managers that manage the affairs of the business.

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