NECO Past Questions and Answers - Page 40

196.

Any member of the public who wants to buy shares in the stock market will first of all meet a/an

A.

agent

B.

broker

C.

jobber

D.

seller

E.

share holder

Correct answer is B

No explanation has been provided for this answer.

197.

A discount that is given to middlemen in order to make good profit is called .......... discount.

A.

cash

B.

fixed

C.

quant

D.

seasonal

E.

trade

Correct answer is E

No explanation has been provided for this answer.

198.

All the following are members of small-scale retailing EXCEPT

A.

chain stores

B.

itinerant trade

C.

kiosks

D.

mobile shops

E.

stall holders

Correct answer is A

No explanation has been provided for this answer.

199.

The second tier security market is an example of

A.

capital market

B.

commodity market

C.

factor market

D.

labour market

E.

money market

Correct answer is A

No explanation has been provided for this answer.

200.

Shareholder receive......

A.

interest

B.

dividends

C.

commission

D.

allowances

E.

none of the above

Correct answer is B

No explanation has been provided for this answer.