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WAEC Financial Accounting 2009 Question 21

Question 21

Company Accounts

The document making a public offer for the sale of a company's share is

  1. A.Memorandum of Association
  2. B.Articles of Association
  3. C.Prospectus
  4. D.Certificate of Registration
Show the answer and explanation

Answer: C (Prospectus)

Explanation

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