Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
A communication process providing information for decision-making in an organization is the?
Management information System
Transmission Control Protocol
Information Retrieval System
File Transfer Protocol
Correct answer is C
No explanation has been provided for this answer.
Second-tier Securities Market differ from the First-tier Securities Market in that the former is?
highly restricted
regulated by the SEC
regulated by the NIPC
less restricted
Correct answer is D
The First Tier Securities Market provides a forum for buying and selling of shares of companies in the market. The First-Tier markets are for well established large scale. companies.
A second-tier security market is a market where securities of companies that cannot be traded in the first-tier security market are quoted. It is for smaller companies which are unable to meet the requirements for listing on the more stringent segment (main market) of the Exchange
A broker is an agent who links a potential investor with?
a shareholder who wants to register a company
other members of the exchange who want to trade
governement official on the exchange
a quoted company
Correct answer is D
A stockbroker is a professional who executes buy and sell orders for stocks and other securities on behalf of clients.
An example of a trade association is?
ALGON
NLC
NURTW
NULGE
Correct answer is A
No explanation has been provided for this answer.
A source of business financing which involves pledging of a specific assets is?
bond
mortage
debentures
loan
Correct answer is B
A mortgage is a loan in which property or real estate is used as collateral. The borrower enters into an agreement with the lender (usually a bank) wherein the borrower receives cash upfront then makes payments over a set time span until he pays back the lender in full.