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JAMB Commerce 2014 Question 26

Question 26

Stock Exchange

The document that explains the types of shares available for sale to the public is

  1. A.a prospectus.
  2. B.an invoice.
  3. C.an open indent.
  4. D.a closed indent.
Show the answer and explanation

Answer: A (a prospectus.)

Explanation

A prospectus invites the public to buy shares and gives details of the shares and the company.