Q9. The document regulating terms among partners is
APartnership Act
BPartnership agreement
CMemorandum of Association
DArticles of Association
Correct Answer: B
A partnership agreement specifies terms, profit-sharing, and responsibilities among partners.
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jamb2024chemistry
Q10. An organic compound contains 53.1% Carbon, 6.2% Hydrogen, 12.4% Nitrogen, and 28.3% Oxygen by mass. What is the molecular formula of the compound if its vapour density is 56.5? [C=12, H=1, N=14, O=16]
AC₅H₇NO₂
BC₅H₆NO₂
CC₃H₆NO₂
DC₃H₇NO₂
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jamb2012civiledu
Q11. A coup d’etat is regarded as
AA source of political legitimacy
BA manipulation of the constitution
CA constitutional way of changing the government
Dan unconstitutional way of changing the government
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jamb2025physics
Q12. What is the main purpose of a capacitor in an electrical circuit?
ATo increase resistance
BTo store electrical energy
CTo convert AC to DC
DTo step up voltage
Correct Answer: B
A capacitor stores electrical energy in an electric field between its plates and can release it when needed.
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jamb2000commerce
Q13. The major factors that facilitate merchandising are
Acommunication, advertising and banking
Btrading, warehousing and production
Cmanagement, insurance and advertising
Dbanking, insurance and transportation.
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jamb2insurance
Q14. The prices set by the insurer for the insurance cover is known as
ADue
BLevy
CPremium
DCharge
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jamb2025commerce
Q15. Coverage against unexpected events is called
AInsurance
BAssurance
CWarranty
DReinsurance
Correct Answer: A
Insurance covers unexpected events like accidents. Assurance is for certain events, warranties cover product defects, and reinsurance is for insurers.
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jamb2021physics
Q16. What does the law of gravitational potential state?
AGravitational potential is constant everywhere
BGravitational potential decreases with distance from a mass
CGravitational potential increases with the square of the distance
DGravitational potential is independent of mass
Correct Answer: B
The law of gravitational potential states that the gravitational potential due to a mass decreases with distance, given by V = -GM/r. This describes the work done per unit mass in a gravitational field.
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jamb1997accounting
Q17. At the end of a financial period, the trading profit and loss account of a company showed a profit of ₦120,000. It was however discovered that revenue of ₦12,000 was recorded as expenses while expenses of ₦4,000 had been recorded as revenue. What should be the correct profit for the period?
A₦104,000
B₦128,000
C₦136,000
D₦144,000
Correct Answer: C
Given information:
Recorded profit: ₦120,000
Error 1: Revenue of ₦12,000 was recorded as expenses
Error 2: Expenses of ₦4,000 were recorded as revenue
Analysis of errors:
Error 1: Revenue ₦12,000 recorded as expenses
This reduced profit by ₦24,000 (₦12,000 revenue not added + ₦12,000 wrongly deducted as expenses)
Correction: Add back ₦24,000
Error 2: Expenses ₦4,000 recorded as revenue
This increased profit by ₦8,000 (₦4,000 wrongly added as revenue + ₦4,000 expenses not deducted)
Correction: Deduct ₦8,000
Correct profit calculation:
₦120,000 + ₦24,000 - ₦8,000 = ₦136,000
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jamb2012commerce
Q18. A business organization that exploits the capabilities of a member to remedy the weaknesses of another is a
Ajoint venture
Bpartnership
Cnominal partnership
Dcooperative
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jamb1999accounting
Q19. Use the information below to answer questions 39 and 40
Determine the owners equity
A₦200,000
B₦215,000
C₦275,000
D₦755,000
Correct Answer: C
If Total Assets = ₦755,000
And Total Liabilities = ₦200,000 + ₦87,000 + ₦100,000 = ₦387,000
Then Owners' Equity = ₦755,000 - ₦387,000 = ₦368,000
But based on the equity section shown:
Owners' Equity = ₦200,000 + ₦15,000 + ₦60,000 = ₦275,000
The answer is C. ₦275,000.RetryClaude can make mistakes. Please double-check responses.
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jamb2013history
Q20. All of the following are renowned historians except