by Sunday | Dec 12 | Commerce JAMB
A. debenture B. a bond C. a term loan D. an overdraft Correct Answer: Option A – debenture Explanation It is a debenture that is grown under a seal by a company in acknowledgment of a debit undertaking to repay the stated amount or sum on or before a certain...
by Sunday | Dec 12 | Commerce JAMB
A. Is unable to declare and pay dividend. B. Has a higher number of share holder C. Is unable to offer shares to the public. D. pays higher salaries to its member Correct Answer: Option C – Is unable to offer shares to the public. Explanation Private limited...
by Sunday | Dec 12 | Commerce JAMB
A. Economic, Social and legal B. Political, Culture and Labour C. Competition, Labour and Political D. Competition, Industry and Product. Correct Answer: Option A – Economic, Social and legal Explanation These Economic, social and legal elements affect the...
by Sunday | Dec 12 | Commerce JAMB
A. Securities and Exchange Commission B. Second tier Security Market C. Foreign exchange Market D. Second tier foreign Exchange market Correct Answer: Option B – Second tier Security Market Explanation Second-Tier Securities Market (SSM); A second market...
by Sunday | Dec 12 | Commerce JAMB
A. A good storage system B. Availability of market C. Increase in production D. Activities Correct Answer: Option A – A good storage system Explanation A good storage system makes it possible for goods produced ahead of time to be stored until they are...