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WAEC Commerce 2012 Objective — Question 2

Question 2 of 50 from the West African Examinations Council (WAEC) Commerce 2012 Objective paper, with the correct answer and a full explanation.

An issuing house is an outlet for

A. new shares and bondsCorrect
B. non listed companies shares
C. existing shares and bonds
D. only gilt-edged securities

Explanation

Issuing houses are institutions which handle issuance of new securities.

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