The document issued by the registrar of companies to permit a public limited company to...

Commerce

JAMB 2025

The document issued by the registrar of companies to permit a public limited company to commence business is

A. Memorandum of Association
B. Article of Association
C. Trading certificate
D. Certificate of Incorporation

Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts

WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Correct Answer: Option C

Explanation

A trading certificate is a document issued by the registrar of companies to a public limited company, allowing it to commence
business and borrow capital. It is issued after the company has met certain requirements, including having a minimum allotted
share capital.

Previous Next

Go back to Comm classroom

Report an Error Ask A Question Download App