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Jamb Commerce Past QuestionsQuestion 1496:A request for goods from another country by an importer would be made using A. An invoice B. An indent C. An order D. A quotation Question 1497:The right to buy or sell stock in the stock exchange within a stipulated period is A. Option B. Contango C. Backwardation D. Brokerage Question 1498:The share value stated on a share certificate is A. Above par value B. Below par value C. Market value D. Nominal value Question 1499:The bank which acts as the lender of last resort is the A. Central bank B. Commercial bank C. Merchant bank D. Mortegage bank Question 1500:An insurance policy which is not a contract of indemnity is A. Burglary insurance B. Fire insurance C. Life insurance D. Motor insurance |
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