Stock Exchange - Jamb Commerce Past Questions and Answers

Question 31:

• JAMB 2002

Debentures differ from shares in that

A. They are secured on the company's assets
B. Ownership is open to the public
C. They form part of the capital of the business
D. Rewards are usually paid out of profits

Question 32:

• JAMB 2002

The Stock Exchange is a market where?

A. Long-term securities are sold
B. All types of securities are sold
C. Short-term securities are sold
D. Medium-term securities are sold

Question 33:

• JAMB 2002

A company that is registered with the corporate Affairs Commission only without being enlisted on the Stock Exchange is a?

A. Public liability company
B. Joint venture company
C. Limited company
D. Registered company

Question 34:

• 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

Question 35:

• JAMB 2002

Securities on which the buyers are not issued with certificate are called?

A. Authorized securities
B. Inscribed securities
C. Bearer securities
D. Registered securities