Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Commerce 2014 JAMB Past Questions

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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31

An agent who transacts business with the broker in the stock exchange is a

  • A. stag
  • B. bull
  • C. del credere
  • D. jobber
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32

A document sent by a broker to his client to confirm a purchase or sale made on his behalf is

  • A. delivery note
  • B. consignment note
  • C. transfer form
  • D. contract note
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33

Cum div differs from ex div in that, the later

  • A. entitles the purchaser to recieve a company's current dividend
  • B. entitles the vendor to recieve a company's current dividend
  • C. confirms a purchase or sale made on behalf of a share holder
  • D. is a document used to transfer ownership of shares
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34

The payment made by a speculator to the buyer when he is unable to deliver stocks on the agreed date is

  • A. arbitage
  • B. franco
  • C. contango
  • D. backwardation
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35

Which of the following regulates and controls the activities in the Nigerian Stock Exchange?

  • A. BPE
  • B. SEC
  • C. NDIC
  • D. CBN
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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