The Informal Sector Accounts for About _____________ of Nigeria's GDP

question 45

Multiple Choice

The informal sector accounts for about _____________ of Nigeria's GDP.

• A) one-third
• B) one-quarter
• C) one-fifth
• D) one-half
• E) one-tenth

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Definitions:

Written Agreement

A formal, documented contract between parties, outlining terms and conditions that are legally binding.

Written Contract

A legally binding agreement between two or more parties that is documented and signed in writing.

Period of Two Years

A specific duration or time frame that spans exactly twenty-four months or two calendar years.

Part Performance

An equitable doctrine that allows a contract, typically not in writing, to be enforced if one party has taken significant steps to perform their part of the agreement.