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The document that explains the types of shares available for sale to the public is

Commerce
JAMB 2014

The document that explains the types of shares available for sale to the public is

  • A. a prospectus
  • B. an invoice
  • C. an open indent
  • D. a closed indent
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Correct Answer: Option A
Explanation

prospectus is a document giving details of a share offer for the benefit of investors.

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts