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WAEC Commerce 2020 Question 26

Question 26

Business Finance

The share value stated on a share certificate is

  1. A.above par value.
  2. B.below par value.
  3. C.market value.
  4. D.nominal value.
Show the answer and explanation

Answer: D (nominal value.)

Explanation

The face value printed on a share certificate is the nominal (par) value.