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WAEC Commerce 1999 Question 15

Question 15

Stock Exchange

Which of the following documents is used to advertise shares to the public?

  1. A.Letter of allotment
  2. B.Articles of association
  3. C.Memorandum of association
  4. D.Prospectus
Show the answer and explanation

Answer: D (Prospectus)

Explanation

A prospectus invites the public to buy a company's shares.