An offer of new shares made to existing shareholders at a preferential price is called?
bonus issue
rights issue
private placing
debenture
preference share
Correct answer is B
No explanation has been provided for this answer.
life assurance policy
endowment policy
fidelity guarantee insurance
employers liability insurance
engineering insurance
Correct answer is D
No explanation has been provided for this answer.
An action taken by a seller to avoid risks from unforeseeable price fluctuation is known as
tendering
aunctioneering
quotation
hedging
haggling
Correct answer is D
No explanation has been provided for this answer.
bull
jobber
bear
stag
broker
Correct answer is C
No explanation has been provided for this answer.
Which of the following shows the quality of money
Ability to represent both small and large values
Used for deffered payments
Used as a unit for account
Facilitating exchange
Serving as a store of wealth
Correct answer is A
No explanation has been provided for this answer.