by Sunday | Jul 21 | Commerce WAEC
A public Limited Company whose nominal capital is made up of 400,000 ordinary shares of 50k each, decided to issue 50% of it to the public and realized only 50% of the amount due A. #50,000.00 B. #100,000.00 C. #150,000.00 D. #200,000.00 Correct Answer: Option A...
by Sunday | Jul 21 | Commerce WAEC
A public Limited Company whose nominal capital is made up of 400,000 ordinary shares of 50k each, decided to issue 50% of it to the public and realized only 50% of the amount due A. #50,000.00 B. #80,000.00 C. #200,000.00 D. #400,000.00 Correct Answer: Option C...
by Sunday | Jul 21 | Commerce WAEC
A. Consortium B. Trade Association C. Consumer Association D. Holding company Correct Answer: Option C – Consumer Association
by Sunday | Jul 21 | Commerce WAEC
A. it makes a loss in any one year B. its total liabilities exceed total assets C. the ordinary shareholders recieve no dividend from the company D. the preference shareholders could not be paid by the company Correct Answer: Option B – its total liabilities...
by Sunday | Jul 21 | Commerce WAEC
A. Deed B. Articles of Association C. Prospectus D. Certificate of trading Correct Answer: Option A – Deed
by Sunday | Jul 21 | Commerce WAEC
A. standardizing B. warehousing C. hoarding D. stock controlling Correct Answer: Option B – warehousing