When the public wants to buy more of a company's share than has been offered...

COMMERCE
WAEC 2006

When the public wants to buy more of a company's share than has been offered for sale, the share is said to be

  • A. rights issue
  • B. over subscribed
  • C. qouted at a premium
  • D. over-valued

Correct Answer: B. over subscribed



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