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