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JAMB Commerce 2007 Question 18

Question 18

Stock Exchange

A document which advertises the shares of a company is known as a

  1. A.memorandum of satisfaction
  2. B.dividend warrant
  3. C.deed
  4. D.prospectus.
Show the answer and explanation

Answer: D (prospectus.)

Explanation

A prospectus invites the public to buy a company's shares and gives details about the company.