Securities that entitle the investor to coupon rates are
- A. bonds
- B. equities
- C. warrants
- D. treasury bills
Securities that entitle the investor to coupon rates are
- A. bonds
- B. equities
- C. warrants
- D. treasury bills
The promotion and protection of trade industry and agriculture through trade fairs is a function of
- A. NACRDB
- B. NACCIMA
- C. the consumer protection council
- D. the chamber of commerce
The main objective of a trade association is to
- A. protect its members against litigation
- B. boost the trade of its members
- C. secure credit for its members
- D. protect its members against victimization
The main objective of a trade association is to
- A. protect its members against litigation
- B. boost the trade of its members
- C. secure credit for its members
- D. protect its members against victimization
Given:
opening stock #1,800
purchases #2,800
sales #8,000
closing stock # 350
carriage on sales # 500
calculate the value of the unused stock.
- A. #800
- B. #500
- C. #350
- D. #320
Given:
opening stock #1,800
purchases #2,800
sales #8,000
closing stock # 350
carriage on sales # 500
calculate the value of the unused stock.
- A. #800
- B. #500
- C. #350
- D. #320
A company has an authorized capital of 40 million shares at N1 each, out of which 32 million are issued and fully paid-up. What happens to the remaining 8 million shares?
- A. it has been issued but not paid-up
- B. it has been applied for but not issued
- C. it is not paid-up
- D. it has not yet been issued
The portion of the authorized share capital given out to the public for subscription is
- A. called-up capital
- B. issued capital
- C. paid-up capital
- D. reserved capital
A business organization can obtain long term financing through
- A. bank overdraft
- B. the sale of shares
- C. credit purchases
- D. bureau de change
A feature common to public and private limited liability companies is that
- A. both can sue and be sued
- B. the minimum number of their shareholders is five
- C. the transfer of their shares is not restricted
- D. their annual accounts are published for public use
A feature common to public and private limited liability companies is that
- A. both can sue and be sued
- B. the minimum number of their shareholders is five
- C. the transfer of their shares is not restricted
- D. their annual accounts are published for public use
In case of a liquidation of a public limited liability company, those that are first paid are
- A. ordinary shareholders
- B. prefernce shareholders
- C. cumulative preference shareholders
- D. debenture holders
The most important business objective is to
- A. improve investments
- B. provide quality products
- C. target consumers for satisfaction
- D. carve a niche for the business
A business organization that exploits the capabilities of a member to remedy the weaknesses of another is
- A. joint venture
- B. partnership
- C. nominal partnership
- D. cooperative
The type of letters that are delivered through the normal mail or by airmail express service is referred to as
- A. inland letters
- B. registered letters
- C. airmail letters express letters
- D. express letters
Tourism serves the purpose of
- A. cross-cultural understanding and peaceful interaction
- B. opening values for leaving the country
- C. economic development and naturilization
- D. exploiting the country's natural endowment
Tourism serves the purpose of
- A. cross-cultural understanding and peaceful interaction
- B. opening values for leaving the country
- C. economic development and naturilization
- D. exploiting the country's natural endowment
A person who undertakes life insurance is said to be an
- A. insurer
- B. assurer
- C. assured
- D. insured
Assurance is different from insurance in that the former is based on
- A. probability
- B. possibility
- C. risk
- D. uncertainty
Assurance is different from insurance in that the former is based on
- A. probability
- B. possibility
- C. risk
- D. uncertainty