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Commerce 2019 JAMB Past Questions

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26

A market is said to be bullish if_________

  • A. There is a fail in prices of Securities
  • B. There is a rise in prices of Securities
  • C. There is a rise above the offer prices
  • D. The speculator fails to deliver stock to the buyer
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27

One of these is not a factor affecting prices of securities?

  • A. The Forces of demand and supply
  • B. Activities of speculators
  • C. Political situation of a country
  • D. Financial statements of the company
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28

A commission charged on postal order is__________

  • A. postal zero
  • B. postal orders
  • C. poundage
  • D. brokage
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29

A terms of payment in which the buyer pays cash immediately for goods bought before he takes them away is called____

  • A. Prompt cash
  • B. Cash on delivery
  • C. Spot cash
  • D. Cash with order
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30

A cheque that is payable to whoever presents it is known as______

  • A. order cheque
  • B. open cheque
  • C. crossed cheque
  • D. bearer cheque
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