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2161
If the amount of dividend paid varies according to the level of profit; what type of share is involved?
  • A. Cumulative preference share
  • B. Preference share
  • C. Deferred share
  • D. Ordinary share
View Answer & Discuss WAEC 2005
2162
A retail outlet is described as a multiple shop when it
  • A. has many shops under one roof
  • B. sells goods which are not standardized
  • C. sells through catalogue
  • D. deals in one line of goods
View Answer & Discuss WAEC 2005
2163
Time policy in insurance is associated with
  • A. motor vehicles
  • B. ships at sea
  • C. life endowment
  • D. goods in transit
View Answer & Discuss (1) WAEC 2005
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2164
When a quotation is marked C.W.O , it means
  • A. no credit facility is allowed
  • B. no discount is allowed
  • C. the buyer should beware
  • D. the seller should beware
View Answer & Discuss WAEC 2005
2165
Which of the following is a function of a stock broker
  • A. Provision of short-term capital
  • B. Giving investment advice
  • C. Regulation of stock exchange practices
  • D. Granting of loans to investors
View Answer & Discuss (1) WAEC 2005
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