WAEC Commerce 1996 Question 32

Question 32

Business Units

The law governing the operations of companies and partnership in Nigeria is the

  1. A.Nigerian Companies Decree
  2. B.Nigerian Partnership Act
  3. C.Nigerian Enterprises Promotion Decree
  4. D.Companies and Allied Matters Decree
  5. E.Sale of Goods Act
Show the answer and explanation

Answer: D (Companies and Allied Matters Decree)

Explanation

The Companies and Allied Matters Decree (now Act) of 1990 governs companies and partnerships.