JAMB Commerce 2009 Objective — Question 29

Question 29 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2009 Objective paper, with the correct answer and a full explanation.

29. The financial instrument that entitles the holder to receive dividend and capital gains is a

A. shareCorrect
B. bond
C. bill of exchange
D. treasury bill

Explanation

Share is the unit of ownership in a limited liability company; the holder receives dividends and can also take part in capital gains.

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