Question on: JAMB Commerce - 1999
Aliyu bought 100 shares at the stock market through a stockbroker. He was told the price each share was N3 cum. div. This means that Aliyu
A
is entitled always to a cumulative dividends accruing from the shares
B
is entitled to the next dividends due to the shares
C
will not be entitled to the next dividends due to the shares
D
still owes N3 on the shares which will be subtracted from the dividends
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Correct Option: B
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