Which of the Following Statements Describes the Oyo

question 53

Multiple Choice

Which of the following statements describes the Oyo?

• A)They remained a group of small villages.
• B)They were Swahili migrants to the forests.
• C)The Oyo were the only Christian kingdom in Africa.
• D)They did not practice agriculture.
• E)They were the largest and most powerful Yoruba city-state.

---

Definitions:

Proprietor Form

A business structure owned by a single individual, where the owner and the business are legally the same entity.

Double Taxation

The imposition of taxes on the same income, asset, or financial transaction at two different levels of government, often seen in the taxation of corporate profits and then again when dividends are paid to shareholders.

Limited Liability

An advantage of the corporate form. Stockholder liability for the actions of a company is limited to the value of the stock. That is, a suit against the corporation cannot be made against a stockholder simply because the stockholder is an owner.

Proprietorships

A type of business entity that is owned and operated by a single individual, without any legal distinction between the owner and the business.