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WAEC Commerce 2002 Question 14

Question 14

Business Units

Detailed information about a public offer of a company's shares is contained in the

  1. A.memorandum of association
  2. B.articles of association
  3. C.letter of enquiry
  4. D.prospectus
Show the answer and explanation

Answer: D (prospectus)

Explanation

The prospectus gives details of the company and the shares offered to the public.