Post Utme Unilorin 2022 Commerce Question 34

Practice objective / multiple choice question 34 from the 2022 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2022 Commerce Objective / Multiple Choice
Question 34 POST_UTME_UNILORIN • 2022 • COMMERCE • objective

A company is considering forming a joint venture with another company. The joint venture would require an initial investment of ₦300,000 and would generate annual profits of ₦75,000. If the company wants to maximize its returns, which of the following statements is true?

Answer Options

Correct Answer A. The company should form the joint venture
B. The company should not form the joint venture
C. The company should form the joint venture if they can get a majority stake
D. The company should form the joint venture if they can get a minority stake
Correct Answer
A
Correct Option:
The company should form the joint venture

About This Question

This is Post Utme Unilorin 2022 Commerce Question 34. It is one of the objective questions from the 2022 Post Utme Unilorin Commerce examination.

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