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WAEC Commerce 2011 Question 23

Question 23

Stock Exchange

A document issued to the public by a company to advertise its share is known as

  1. A.prospectus.
  2. B.tender.
  3. C.share certificate.
  4. D.trading certificate.
Show the answer and explanation

Answer: A (prospectus.)

Explanation

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