Which of the following is NOT a function of the stock exchange market?

COMMERCE
JAMB 1995

Which of the following is NOT a function of the stock exchange market?

  • A. providing long term loans to large scale enterprises
  • B. encouraging people to buy shares and thereby providing capital for investment
  • C. providing means of assessing the value of a firm's assets
  • D. enabling firms to wind-up quickly in times of difficulties

Correct Answer: D. enabling firms to wind-up quickly in times of difficulties



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