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WAEC Commerce 2020 Question 13

Question 13

Stock Exchange

The issue of prospectus by a company is an invitation to members of the public to

  1. A.subscribe to the company's shares.
  2. B.attend the company's Annual General Meeting.
  3. C.buy the company's products.
  4. D.attend the company's board meeting.
Show the answer and explanation

Answer: A (subscribe to the company's shares.)

Explanation

A prospectus invites the public to buy (subscribe for) the company's shares.