by Sunday | Jul 21 | Commerce WAEC
A. can sell shares B. has limited liability C. can publish its account D. is allowed to borrow from commercial banks Correct Answer: Option B – has limited liability
by Sunday | Jul 21 | Commerce WAEC
A. Letter of allotment B. Articles of association C. Memorandum of association D. Prospectus Correct Answer: Option D – Prospectus
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. #200,000.00 D. #400,000.00 Correct Answer: Option B...
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...