JAMB and WAEC Commerce questions

611 questions with answers and explanations. Tap an option to check yourself.

All topics Advertising and marketing · 32 Business management and environment · 32 Commerce and its scope · 31 Communication · 33 Computers and ICT in business · 29 Consumer protection · 30 Documents used in trade · 34 Elements of commercial law · 31 Financing a business · 32 Foreign trade · 40 Forms of business organisation · 40 Home trade: retail and wholesale · 40 Insurance · 39 Money and banking · 40 Occupation and production · 33 The stock exchange · 34 Transport · 33 Warehousing · 28

Question 521· The stock exchange· JAMB
A rights issue means
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Answer: B. offering new shares to existing shareholders
Explanation and discussion
Question 522· The stock exchange· JAMB
The price at which shares are first offered to the public is the
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Answer: D. issue price
Explanation and discussion
Question 523· The stock exchange· WAEC
The Nigerian Exchange Group is located in
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Answer: D. Lagos
Explanation and discussion
Question 524· The stock exchange· WAEC
A speculator who sells shares expecting their prices to fall is a
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Answer: B. bear
Explanation and discussion
Question 525· The stock exchange· WAEC
The Nigerian Exchange Limited (formerly the Nigerian Stock Exchange) is located in
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Answer: C. Lagos
Explanation and discussion
Question 526· The stock exchange· WAEC
A stockbroker is
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Answer: D. an agent who buys and sells securities for clients
Explanation and discussion
Question 527· The stock exchange· WAEC
A speculator who buys shares expecting their prices to rise is a
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Answer: C. bull
Explanation and discussion
Question 528· The stock exchange· JAMB
One function of the Nigerian Exchange (stock exchange) is to
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Answer: C. provide a market for buying and selling existing securities
Explanation and discussion
Question 529· The stock exchange· JAMB
A share's dividend yield is ₦5 on a market price of ₦100. The yield is
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Answer: A. 5%
Explanation and discussion
Question 530· The stock exchange· JAMB
A speculator who applies for newly issued shares hoping to sell them at a premium as soon as trading begins is a
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Answer: B. stag
Explanation and discussion
Question 531· The stock exchange· WAEC
Shares bought on the stock exchange are
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Answer: A. second-hand securities
Explanation and discussion
Question 532· The stock exchange· WAEC
A speculator who buys new shares hoping to sell them quickly at a profit is a
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Answer: C. stag
Explanation and discussion
Question 533· The stock exchange· JAMB
The body that regulates the capital market in Nigeria is the
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Answer: D. Securities and Exchange Commission
Explanation and discussion
Question 534· The stock exchange· JAMB
A speculator who buys shares expecting their price to rise is a
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Answer: C. bull
Explanation and discussion
Question 535· The stock exchange· WAEC
Before a company can sell its shares on the Nigerian Exchange, it must be
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Answer: A. listed (quoted) on the exchange
Explanation and discussion
Question 536· The stock exchange· WAEC
Dividends are paid to
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Answer: C. shareholders
Explanation and discussion
Question 537· The stock exchange· JAMB
A 'lame duck' on the stock exchange is
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Answer: C. a speculator who cannot meet his obligations
Explanation and discussion
Question 538· The stock exchange· WAEC
A stock exchange benefits a company by
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Answer: B. making it easier to raise capital
Explanation and discussion
Question 539· The stock exchange· JAMB
A stockbroker
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Answer: A. buys and sells securities on behalf of clients
Explanation and discussion
Question 540· The stock exchange· WAEC
The Securities and Exchange Commission in Nigeria
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Answer: A. regulates the capital market
Explanation and discussion

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JAMB and WAEC Commerce questions

A rights issue means

The price at which shares are first offered to the public is the

The Nigerian Exchange Group is located in

A speculator who sells shares expecting their prices to fall is a

The Nigerian Exchange Limited (formerly the Nigerian Stock Exchange) is located in

A stockbroker is

A speculator who buys shares expecting their prices to rise is a

One function of the Nigerian Exchange (stock exchange) is to

A share's dividend yield is ₦5 on a market price of ₦100. The yield is

A speculator who applies for newly issued shares hoping to sell them at a premium as soon as trading begins is a

Shares bought on the stock exchange are

A speculator who buys new shares hoping to sell them quickly at a profit is a

The body that regulates the capital market in Nigeria is the

A speculator who buys shares expecting their price to rise is a

Before a company can sell its shares on the Nigerian Exchange, it must be

Dividends are paid to

A 'lame duck' on the stock exchange is

A stock exchange benefits a company by

A stockbroker

The Securities and Exchange Commission in Nigeria