When a company sells shares to existing shareholders at preferential rate, that is called?
Rights issue
Bonus issue
Private placing
Sale by auction
lssue by prospectus
Correct answer is A
No explanation has been provided for this answer.
Those involved in obtaining the gifts of nature from land and sea are engaged in?
Extractive occupation
Manufacturing occupation
Constructive occupation
Commercial occupation
Direct services
Correct answer is A
No explanation has been provided for this answer.
Which of the following is not a negotiable instrument?
Share cerficate
Cheque
Bill of Exchange
Dividend warrant
Debenture
Correct answer is E
No explanation has been provided for this answer.
Which of the following is not a branch of commerce?
Trade
Transport
Warehousing
Production
Banking
Correct answer is D
No explanation has been provided for this answer.
Which of the following indicates the manufacturer from whom goods are to be bought?
Open indent
Closed indent
Consignment note
Export invoice
Certificate of origin
Correct answer is B
No explanation has been provided for this answer.