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A company is qouted on the stock exchange when its shares are?

Commerce
WAEC 2018

A company is qouted on the stock exchange when its shares are?

  • A. put under private payment
  • B. not for sale to the public
  • C. listed for sale on the exchange
  • D. owned by the government
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NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
Correct Answer: Option C
Explanation

A listed security is a financial instrument that is traded through a the stock exchange market. when a  company is quoted, it means it can be traded in the stock exchange for public subscription.


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NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
Join your school's WhatsApp group
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts