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Jamb Commerce Past QuestionsJamb Past Questions and Answers on Procedure of transactions and speculationsQuestion 1:Commerce is defined as the study of how A. Man utilizes the resources in his physical environment B. Man produces, distributes and consumes his goods and services C. Man buys, sells and distributes goods and services D. Raw materials are changed into finished goods Question 2:A market is said to be bullish if_________ A. There is a fail in prices of Securities B. There is a rise in prices of Securities C. There is a rise above the offer prices D. The speculator fails to deliver stock to the buyer Question 3:One of these is not a factor affecting prices of securities? A. The Forces of demand and supply B. Activities of speculators C. Political situation of a country D. Financial statements of the company Question 4:A bear market is said to be in existence in a period of A. Boom B. Stump C. Bullish D. Stagflation Question 5:The business in the stock exchange is characterized essentially by A. Dealing B. Brokerage C. Speculations D. Transactions |
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