Question 4261:

• JAMB 2022

When a share with a nominal value of #50 is quoted at #70, it is being sold

A. Cum div
B. Ex-div
C. At a discount
D. At a premium

Question 4262:

• JAMB 2022

Sea vessels that do not operate on regular times and routes are

A. Tramps
B. Ocean liners
C. Container ships
D. Ferries

Question 4263:

• JAMB 2022

Payment made to a carrier for transportation of goods is

A. Freight
B. Fee
C. Fare
D. Duty

Question 4264:

• JAMB 2022

An advantage of rail transport is that it

A. Is less expensive to maintain
B. Is not prone to delays
C. Carries bulky and heavy goods
D. Enhances door-to-door delivery

Question 4265:

• JAMB 2022

The commission on a postal order is

A. Tariff
B. Poundage
C. Brokerage
D. Fee