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506
The bank that discount bills of exchange is the?
  • A. central bank
  • B. mortage bank
  • C. development bank
  • D. comercial bank
View Answer & Discuss JAMB 2005
507
The market where only indigenous firms are considered is the?
  • A. money market
  • B. second-tier securities market
  • C. local market
  • D. stock exchange
View Answer & Discuss JAMB 2005
508
Initial public offering is undertaken through the?
  • A. secondary securities market
  • B. first-tier securities market
  • C. primary securities
  • D. second-tier securities market
View Answer & Discuss JAMB 2005
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
509
From which of the following sources can partnerships increase their capital?
  • A. Admission of a new partner
  • B. Sale of shares
  • C. Discharge of a mortage
  • D. initial capital
View Answer & Discuss JAMB 2005
510

The excess of the assets over the liabilities of a business is called?

  • A. working capital
  • B. net worth
  • C. capital employed
  • D. initial capital
View Answer & Discuss (1) JAMB 2005
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now