In a primary market, new shares are issued through?
personal selling, publicity and advertising
a prospectus, an offer for sale and bill of exchange
advertising a prospectus, and bill of exchange
a prospectus, an offer for sale and placing
Correct answer is B
No explanation has been provided for this answer.
Charges for loans paid by commercial banks to the Central Bank of Nigeria are called?
bank rates
credits charges
interest rates
bank charges
Correct answer is A
No explanation has been provided for this answer.
Sources of finance to a business include personal savings, share, debentures and?
loans from IMF
bank overdraft
central bank loans
money from political parties
Correct answer is B
No explanation has been provided for this answer.
A common element in all contracts is?
offer
consideration
acceptance
agreement
Correct answer is D
No explanation has been provided for this answer.
One of the advantages of commercialization is that it?
encourages entrepreneuership
increases the salaries of workers
motivates governement to establish more business
gives workers on-the-job training
Correct answer is A
No explanation has been provided for this answer.