JAMB Commerce 2025 Objective — Question 12

Question 12 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2025 Objective paper, with the correct answer and a full explanation.

Deferred shares are generally issued to:

A. PromotersCorrect
B. Government
C. General Public
D. Managing agents

Explanation

Deferred shares are issued to the promoters of a company, who can typically only exit/cash out later at their discretion.

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