In a primary market; new shares are issued through?
A. personal selling, publicity and advertising B. a prospectus, an offer for sale and bill of exchange C. advertising a prospectus, and bill of exchange D. a prospectus, an offer for sale and placing Correct Answer: Option B – a prospectus, an offer for sale and...
Charges for loans paid by commercial banks to the Central Bank of Nigeria are called?
A. bank rates B. credits charges C. interest rates D. bank charges Correct Answer: Option A – bank rates
Sources of finance to a business include personal savings; share; debentures and?
A. loans from IMF B. bank overdraft C. central bank loans D. money from political parties Correct Answer: Option B – bank overdraft
A common element in all contracts is?
A. offer B. consideration C. acceptance D. agreement Correct Answer: Option D – agreementProducts
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