Funding and management of business organizations - Jamb Economics Past Questions and Answers

Question 21:

• JAMB 2008

Joint-stock companies can raise funds from

A. The money market
B. The capital market
C. Various sources
D. Government

Question 22:

• JAMB 2020

The type of business finances that entitles the holder to a fixed rate of dividend is?

A. Preference stock
B. Common stock
C. Debentures
D. Bank loan