Stock Exchange - Jamb Commerce Past Questions and Answers

Question 11:

• JAMB 1995

The nominal value of a share as specified in the Memorandum of Association and the share certificate is the

A. Discounted value
B. Stock value
C. Face value
D. Par value

Question 12:

• 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 13:

• 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 14:

• JAMB 1997

One type of investment that have a variable income is

A. Debentures
B. Preferred shares
C. Government bonds
D. Ordinary shares

Question 15:

• JAMB 1997

A term which indicates that share is temporarily suspended is

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