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

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Jamb Commerce Past Questions

Jamb Past Questions and Answers on Procedure of transactions and speculations

Question 1:


Commerce is defined as the study of how

A. Man utilizes the resources in his physical environment
B. Man produces, distributes and consumes his goods and services
C. Man buys, sells and distributes goods and services
D. Raw materials are changed into finished goods


Question 2:


A market is said to be bullish if_________

A. There is a fail in prices of Securities
B. There is a rise in prices of Securities
C. There is a rise above the offer prices
D. The speculator fails to deliver stock to the buyer


Question 3:


One of these is not a factor affecting prices of securities?

A. The Forces of demand and supply
B. Activities of speculators
C. Political situation of a country
D. Financial statements of the company


Question 4:


A bear market is said to be in existence in a period of

A. Boom
B. Stump
C. Bullish
D. Stagflation


Question 5:


The business in the stock exchange is characterized essentially by

A. Dealing
B. Brokerage
C. Speculations
D. Transactions






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