Commerce Paper 2, Nov/Dec. 2012  
Questions: 1 2 3 4 5 6 7 8 9 10 Main
General Comments

Question 5
Explain each of the following;
[a]       Stags
[b]       Shares
[c]       Jobbers
[d]       Equities
[e]       Share premium
[f]        Issuing
[i]        Cult-edge Security




Candidates did well with some of the terms excepts
Equities, Share premium, Issuing house and guilt –edged securities
Guilt- edged Securities; are government loans and bond issued at fixed rate of interest throughout  their lives with  repayment guaranteed by government
Equities are the part of the  capital employed by a company which belong to the risk bearer of the company.

Powered by Sidmach Technologies(Nigeria) Limited .
Copyright © 2015 The West African Examinations Council. All rights reserved.