Stock Exchange - Jamb Commerce Past Questions and Answers

Question 51:

• JAMB 2007

An agent who takes tittle to goods and has authority to buy and sell on behalf of another is?

A. A jobber
B. A broker
C. A factor
D. An auctioneer

Question 52:

• JAMB 2007

The difference between the buying and selling price of shares is known as?

A. Brokerage
B. Margin
C. Jobber's turn
D. Gross profit

Question 53:

• JAMB 2007

Which of the is a risk-free security?

A. Preference share
B. Ordinary share
C. Treasury bill
D. Debenture

Question 54:

• JAMB 2007

A new company requiring a large amount of equity finance may source funds from the?

A. Capital market
B. Central bank
C. Money market
D. Commercial banks

Question 55:

• JAMB 2007

The body regulating the sale and purchase of shares in Nigeria is the?

A. Corporate Affairs Commision
B. Securities and Exchange Commision
C. Securities and Exchange Tribunal
D. Nigeria Stock Exchange