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The document issued by a public company allowing it to commence business is the

Commerce
JAMB 2022

The document issued by a public company allowing it to commence business is the

  • A. Articles of Association
  • B. Certificate of Incorporation
  • C. Memorandum of Association
  • D. Certificate of Trading
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Correct Answer: Option D
Explanation

Certificate of trading is the document which allows the company to commence business activities. It is issued after the company had been given the certificate of incorporation.

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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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WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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
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Post UTME Past Questions Agent