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Contents & notes: what this topic covers
Under Business Units, the JAMB Commerce syllabus expects you to study:
- 7. Business Units
- (i) Forms and features (Sole Proprietorship, Partnership, Limited Liability Companies, Public Corporations, Cooperative Societies, etc.)
- (ii) Registration of businesses
- (iii) Determination of choice of business units
- (iv) Dissolution and liquidation
- (v) Merits and demerits
- (vi) Reasons for government ownership of public enterprises
Study notes & guidance
Study Business Units using a recommended Commerce textbook that follows the JAMB syllabus. Work through the contents listed above one by one, make brief notes in your own words, and then practise as many questions on this topic as you can — in Commerce, understanding and steady practice matter far more than memorising. Use the objectives below as a checklist: if you can do each one confidently, you have mastered this topic.
Objectives — candidates should be able to
After studying Business Units, you should be able to:
- (i) identify the forms and features of business units; (ii) analyse the procedures for registering businesses; (iii) examine the factors which determine the choice of business units; (iv) differentiate between dissolution and liquidation of business; (v) state the merits and demerits of business units. (vi) State the reasons for government ownership of public enterprises
These objectives are from the official JAMB syllabus. Use them as a checklist — if you can do each one confidently, you have mastered this topic.
Source: official JAMB UTME Commerce syllabus (IBASS, jamb.gov.ng). Reproduced for study use. Last checked: 17 Sept 2026. Always confirm the current syllabus on the official portal.