by Sunday | Dec 12 | Commerce JAMB
A. arbitrage B. franco C. contango D. backwardation Correct Answer: Option D – backwardation Explanation Backwardation is a percentage paid by a person selling stock for the right of delaying its delivery.
by Sunday | Dec 12 | Commerce JAMB
A. entitles the purchaser to receive a company’s current dividend B. entitles the vendor to receive a company’s current dividend C. confirms a purchase or sale made on behalf of a shareholder D. is a document used to transfer ownership of shares Correct...
by Sunday | Dec 12 | Commerce JAMB
A. delivery note B. consignment note C. transfer form D. contract note Correct Answer: Option D – contract note Explanation Contract note is the legal record of any transaction carried out on a stock exchange through a stock...
by Sunday | Dec 12 | Commerce JAMB
A. stag B. bull C. del credere D. jobber Correct Answer: Option D – jobber Explanation Jobbers and brokers both play a role in stock sales and purchases, but they’re involved in different stages of the...
by Sunday | Dec 12 | Commerce JAMB
A. legal tender B. bank notes C. token money D. commodity money Correct Answer: Option C – token money Explanation Token Money: is money where the face value of notes or coins is unrelated to the value of the material of which they are...
by Sunday | Dec 12 | Commerce JAMB
A. the difference between gross profit and trade expenses B. the difference between gross profit and net sales C. sales less cost of sales including sales returns D. opening stock add purchases less closing stock Correct Answer: Option A – the difference between...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.