The share value stated on a share certificate is

Commerce

JAMB 2022

A. above par value
B. below par value
C. market value
D. nominal value

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Correct Answer: Option D

Explanation

Nominal value is also known as par value or face value. Per value for a share refers to the stock value stated in the corporate charter. Share usually have no par value or very low par value, such as one cent per share.

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The share value stated on a share certificate is

Correct Answer: Option D

Explanation

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