JAMB Commerce 2022 Objective — Question 4

Question 4 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2022 Objective paper, with the correct answer and a full explanation.

A firm can demonstrate social responsibility by

A. paying taxes to government
B. distributing dividends to shareholders
C. paying interest on loans
D. constructing drainage in the communityCorrect

Explanation

Constructing drainage is not the primary responsibility of a private firm; any activity conducted by a private firm outside its core responsibility, for the benefit of the community at large, is termed social responsibility.

Sign up free to unlock

Score tracking
Practice history
Saved questions
Progress dashboard
Personalized sessions
Weak-topic breakdown

…and/or go further with premium services and No Ads.

Create free account

More questions from Commerce 2022 Objective More Commerce past papers