WAEC Commerce 2009 Theory question 104

(a) Fixed assets – long-lasting assets bought for use in the business, not for resale, e.g. buildings, machinery, vehicles.
(b) Certificate of trading – document from the Registrar allowing a public company to start business after meeting legal requirements.
(c) Dividend – the part of a company's profit paid to shareholders on their shares.
(d) Authorised capital – the maximum share capital a company may issue, as stated in its memorandum of association.
(e) Promoters – persons who take the steps to form a company, e.g. preparing documents and registering it.

Define each term in one or two sentences.