Procedure of transactions and speculations - Jamb Commerce Past Questions and Answers

Question 6:

• JAMB 1995

Rights issue means the

A. Issue of shares to the directors of a company on favourable terms
B. Issue of shares by a company only to the founders of the company
C. Right of shareholders to vote on any issue
D. Issue of shares to shareholders on favourable terms

Question 7:

• JAMB 1997

A term which indicates that share is temporarily suspended is

A. Ex-dividend
B. Cum-dividend
C. Bond
D. Stock

Question 8:

• JAMB 2001

The main factors that determine the value of a stock on the stock Exchange are dividend and

A. The psychology of the market
B. Capital gain
C. Capital appreciation
D. Warrant payment

Question 9:

• JAMB 2002

The bulls and bears in the Stock Exchange market help to minimize

A. The number of shares and bonds sold
B. Price increases of securities
C. Fluctuations in the prices os securities
D. The elasticity of the prices of securities

Question 10:

• JAMB 2002

Recognized members of the Stock Exchange who buy and sell securities on their own behalf are known as ?

A. Bulls
B. Jobbers
C. Brokers
D. Stags