by Sunday | Dec 13 | Commerce JAMB
A. bonds B. equities C. warrants D. treasury bills Correct Answer: Option A – bonds Explanation A bond is a debt security where the issuer (the borrower) issues the bond for purchase by the bondholder (the lender). It is also known as fixed income security as a...
by Sunday | Dec 13 | Commerce JAMB
A. NACRDB B. NACCIMA C. the consumer protection council D. the chamber of commerce Correct Answer: Option D – the chamber of commerce Explanation The Chamber’s mission is creating an environment in which businesses can prosper. The main function of a...
by Sunday | Dec 13 | Commerce JAMB
A. protect its members against litigation B. boost the trade of its members C. secure credit for its members D. protect its members against victimization Correct Answer: Option D – protect its members against victimization Explanation The objective of trade...
by Sunday | Dec 13 | Commerce JAMB
Given: opening stock #1,800 purchases #2,800 sales #8,000 closing stock # 350 carriage on sales # 500 A. #800 B. #500 C. #350 D. #320 Correct Answer: Option C – #350 Explanation Unused stock can also be referred to closing stock. that is the left over...
by Sunday | Dec 13 | Commerce JAMB
A company has an authorized capital of 40 million shares at N1 each, out of which 32 million are issued and fully paid-up. What happens to the remaining 8 million shares? A. it has been issued but not paid-up B. it has been applied for but not issued C. it is not...
by Sunday | Dec 13 | Commerce JAMB
A. called-up capital B. issued capital C. paid-up capital D. reserved capital Correct Answer: Option B – issued capital Explanation The Issued Capital refers to the number of shares issued by the company to the...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.