NABTEB QUESTIONS

Explain the following terms in relation to issuing of shares. (I) At par. (II) At premium. (III) At discount. – NABTEB QUESTION

(i) Issuing shares at par: This means that the amount a shareholder pays for a share will actually appears on the share certificate. Share used at the normal value.

(ii) Issuing share at premium: This means that a shareholder will pay more than what it appear on the share certificate. This means the face-value of the share is lower than what a shareholder pays. Selling of shares above the par value.

(iii) issuing share at discount: This means that the amount written on the share certificate is higher than what the shareholder pay. Selling of shares below the par value .

Sunday

Share
Published by
Sunday
Tags: NABTEB

Recent Posts

List of Universities Offering Veterinary Medicine in Nigeria

Veterinary medicine is the branch of medicine that deals with the prevention, diagnosis, and treatment…

3 months ago

List of Universities Offering Anthropology in Nigeria

Anthropology is the scientific study of human beings and their cultures. It encompasses a wide…

3 months ago

List of Universities Offering Sociology in Nigeria

Sociology is the scientific study of human society, culture, and behavior. It examines the social…

3 months ago

List of Universities Offering Social Work in Nigeria

Social Work is a profession dedicated to helping individuals, families, and communities to cope with…

3 months ago

List of Universities Offering Religious Studies in Nigeria

Religious studies is an academic discipline that explores the beliefs, practices, and history of various…

3 months ago

List of Universities Offering Public Administration in Nigeria

Public administration is the field of study and practice that focuses on the organization and…

3 months ago