WAEC Commerce 2009 Question 17

Question 17

Stock Exchange

A document through which the public is invited to subscribe to the shares of a company is a

  1. A.Memorandum of Association
  2. B.Article of Association
  3. C.Prospectus
  4. D.Debenture
Show the answer and explanation

Answer: C (Prospectus)

Explanation

A prospectus invites the public to buy shares.