EKEMINI-ABASI JULIUS JOHN, YEAR 9.

NAME: Ekemini-Abasi Julius John.

CLASS: Year 9.
SUBJECT: Business Studies.
DATE: Friday, 5th June, 2020.
TEACHER: Mr. Joshua.
SCHOOL: Multi- Treasure College.

Assignment

1. State five instruments traded by each of the following

(a) Banks.
ANSWER: INSTRUMENTS TRADED BY BANKS:
- Shares.
- Stock.
- Bond markets.
- Loans
- Credit notes.

(b) Stock Exchange market.

ANSWER: INSTRUMENTS TRADED BY SEM:
- Shares.
- Stocks.
- Mutual funds.
- Derivatives.
- Bonds.

2. List 5 qualities of money.

ANSWER: QUALITIES OF MONEY
- General acceptability.
- Recognition.
- Stable
- Divisible
- Portable.

3. Mention 4 functions of money.

ANSWERS: FUNCTIONS OF MONEY:
- A medium of exchange.
- A measure of value.
- The basis of credit.
- A unit of division.
- A store of value (purchasing power).

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