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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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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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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
WAEC offline past questions - with all answers and explanations in one app - Download for free
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WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts