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WAEC Commerce 2014 Question 36

Question 36

Business Units

The documents issued by the Registrar of companies which allows a public company to commence business is called

  1. A.trading certificate.
  2. B.prospectus.
  3. C.certificate of incorporation.
  4. D.memorandum of association.
Show the answer and explanation

Answer: A (trading certificate.)

Explanation

A public company needs a trading certificate before it can start business.