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A business which requires a certificate of trading in order to commence operation is a? 

Commerce
WAEC 2018

A business which requires a certificate of trading in order to commence operation is a? 

  • A. co-operative society
  • B. private company
  • C. sole propietorship
  • D. public company
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Correct Answer: Option D
Explanation

A certificate of incorporation is a legal document relating to the formation of a company or corporation. It is a license to form a corporation issued by state government or, in some jurisdictions, by non-governmental entity/corporation. Its precise meaning depends upon the legal system in which it is used. also known as the birth certificate of a company. A certificate of incorporation are issued to public limited liabilty companies.


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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
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WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
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