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A document issued to the public by a company to advertise its share is known...

Commerce
WAEC 2011

A document issued to the public by a company to advertise its share is known as

  • A. prospectus
  • B. tender
  • C. share certificate
  • D. trading certificate
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Correct Answer: Option A
Explanation

 A prospectus is a formal document that is required by and filed with the Securities and Exchange Commission (SEC) that provides details about an investment offering to the public.

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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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