The shares of a company listed on the stock exchange for sale are referred to as?
registered shares
deferred shares
issued shares
quoted shares
Correct answer is D
No explanation has been provided for this answer.
The instruments of credit includes?
billboards and postal stamps
payment vouchers and statement of account
bills of exchange and promissory notes
bills of exchange and salary salary vouchers
Correct answer is C
No explanation has been provided for this answer.
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.