Question 4211:

• JAMB 2022

A request for goods from another country by an importer would be made using

A. An invoice
B. An indent
C. An order
D. A quotation

Question 4212:

• JAMB 2022

The right to buy or sell stock in the stock exchange within a stipulated period is

A. Option
B. Contango
C. Backwardation
D. Brokerage

Question 4213:

• JAMB 2022

The share value stated on a share certificate is

A. Above par value
B. Below par value
C. Market value
D. Nominal value

Question 4214:

• JAMB 2022

The bank which acts as the lender of last resort is the

A. Central bank
B. Commercial bank
C. Merchant bank
D. Mortegage bank

Question 4215:

• JAMB 2022

An insurance policy which is not a contract of indemnity is

A. Burglary insurance
B. Fire insurance
C. Life insurance
D. Motor insurance