JAMB Past Questions and Answers - Page 209

1,041.

The major participants in the stock market when stock prices are rising generally are the?

A.

bulls

B.

registrars

C.

bears

D.

companies

Correct answer is A

No explanation has been provided for this answer.

1,042.

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

Correct answer is C

No explanation has been provided for this answer.

1,043.

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

Correct answer is A

No explanation has been provided for this answer.

1,044.

Initial public offering is undertaken through the?

A.

secondary securities market

B.

first-tier securities market

C.

primary securities

D.

second-tier securities market

Correct answer is B

No explanation has been provided for this answer.

1,045.

The market where only indigenous firms are considered is the?

A.

money market

B.

second-tier securities market

C.

local market

D.

stock exchange

Correct answer is B

No explanation has been provided for this answer.