Jamb Commerce Past Questions and Answers

Question 606:

• JAMB 2004

The shares of a company listed on the stock exchange for sale are referred to as?

A. Registered shares
B. Deferred shares
C. Issued shares
D. Quoted shares

Question 607:

• JAMB 2004

What is the role of the capita; market in the privatization exercise in Nigeria?

A. Selling the shares and stocks of the companies to be privtized
B. Encouraging private companies to participate inthe exercise
C. Negotiating with individuals who want to buy public companies
D. Advertising for governement

Question 608:

• JAMB 2004

In international trade, documentary credit is also known as?

A. Credit note
B. Letters of credit
C. Bankers' note
D. Letter of hypothecation

Question 609:

• JAMB 2004

A specialized institution in Nigeria that deals in capital investments in the form of stocks, share, bond and debentures is the?

A. Securities and Exchanfge commission
B. Commodity market
C. Nigerian Stock Exchange
D. Central Bank of Nigeria

Question 610:

• JAMB 2004

A group of assets which a business acquires with the intention of reselling them are referred to as?

A. Current assets
B. Investment assets
C. Fixed assets
D. Intangible assets