Commerce questions and answers

Commerce Questions and Answers

Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.

2,726.

A financial institution which uses its capital strength to acquire controlling interests in other firms can be regarded as a?

A.

subsidiary company

B.

holding company

C.

trusth

D.

cartel

Correct answer is B

No explanation has been provided for this answer.

2,727.

Trading on the stock exchange in anticipation of price change in the market value of shares is?

A.

speculation

B.

forecasting

C.

expectation

D.

projection

Correct answer is A

No explanation has been provided for this answer.

2,728.

Which of the following is a development bank in Nigeria?

A.

Union Bank Plc

B.

First Bank Plc

C.

First City Monument Bank

D.

Federal Mortgage Bank

Correct answer is D

No explanation has been provided for this answer.

2,729.

The main requirement for admission to the second-tier securities markets is the?

A.

provision of a three-year trading record

B.

disclosure of all trading activities

C.

creation of a good atmosphere for growth and development

D.

guranteeing dividends to shareholders

Correct answer is B

No explanation has been provided for this answer.