Question 361:

• JAMB 1999

Aliyu bought 100 shares at the stock market through a stockbroker. He was told the price each share was N3 cum. div. This means that Aliyu

A. Is entitled always to a cumulative dividends accruing from the shares
B. Is entitled to the next dividends due to the shares
C. Will not be entitled to the next dividends due to the shares
D. Still owes N3 on the shares which will be subtracted from the dividends

Question 362:

• JAMB 1999

The forum for the selling and of buying of securities of small and medium companies is called

A. Second Tier Foreign Exchange Market
B. Foreign Exchange Market
C. Securities and Exchange Commission
D. Second Tier Securities

Question 363:

• JAMB 1999

A wholesaler dealer in securities is known as a

A. Stockborker
B. Speculator
C. Jobber
D. Stag

Question 364:

• JAMB 1999

Modern business philosophy emphasizes

A. Quality products
B. Customer satisfaction
C. Sales volume
D. Public relations

Question 365:

• JAMB 1999

The main role of advertising is to

A. Convince prospective buyers to buy
B. Show the actual shape, form and colour of the products
C. Inform people where to obtain goods and services
D. Captured the attention of people