JAMB Commerce 2022 Objective — Question 25

Question 25 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2022 Objective paper, with the correct answer and a full explanation.

25. The nominal value of a share of a company is also referred to as

A. (A) discounted value
B. (B) stock value
C. (C) face value
D. (D) par valueCorrect

Explanation

The par value of a share is also the nominal value of the share, as registered in the memorandum of association.

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