by Sunday | Dec 12 | Commerce JAMB
A. subscribed capital B. authorized capital C. issued capital D. called-up capital Correct Answer: Option D – called-up capital Explanation Called up share capital is shares issued to investors, under the understanding that the shares will be paid for at a later...
by Sunday | Dec 12 | Commerce JAMB
A. overdraft B. advance C. interest D. commission Correct Answer: Option A – overdraft Explanation Overdraft: a deficit in a bank account caused by drawing more money than the account holds. The overdraft allows the account holder to continue withdrawing money...
by Sunday | Dec 12 | Commerce JAMB
A. a long-term loan B. a development bond C. a redeemable bond D. an irredeemable bond Correct Answer: Option D – an irredeemable bond Explanation Irredeemable bond; a government bond which has no date of maturity and which therefore provides interest but can...
by Sunday | Dec 12 | Commerce JAMB
A. a prospectus B. an invoice C. an open indent D. a closed indent Correct Answer: Option A – a prospectus Explanation Prospectus is a document giving details of a share offer for the benefit of investors.
by Sunday | Dec 12 | Commerce JAMB
A. syndicate B. merger C. cartel D. consortium Correct Answer: Option C – cartel Explanation Cartel: is a group of independent market participants, whose goal is to improve their profits and/or market position by reducing their mutual...
by Sunday | Dec 12 | Commerce JAMB
A. backward integration B. a consortium C. forward integration D. a syndicate Correct Answer: Option C – forward integration Explanation Forward integration is a business strategy that involves a form of vertical integration whereby business activities are...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.