by Sunday | Jan 8 | Commerce WAEC
A. Memorandum of Association B. Article of Association C. Statement of Nominal Capita D. Prospectus Correct Answer: Option D D. Prospectus Explanation A prospectus is an invitation to the public to purchase shares or debentures. It is most often issued by public...
by Sunday | Jan 8 | Commerce WAEC
A. It requires small operations B. It involves small capital C. It lacks specialization D. Grants from government Correct Answer: Option C C. It lacks specialization Explanation The lack specialization because the owner is personally involved in every section of the...
by Sunday | Jan 8 | Commerce WAEC
A. Court verdict B. Joint decision C. Admission of new partners D. Bankruptcy of a partner Correct Answer: Option C C. Admission of new partners Explanation Dissolution of partnership is the coming to an end of a partnership agreement, i.e the breakup of a partnership...