WAEC Accounting 2015 Objective — Question 40
Question 40 of 50 from the West African Examinations Council (WAEC) Accounting 2015 Objective paper, with the correct answer and a full explanation.
Advertisement
A person who has applied to purchase shares in a company is referred to as a
- A. promoter
- B. subscriberCorrect
- C. an allottee
- D. an underwriter
Explanation
A person who applies to buy shares in a company is said to have subscribed for the shares, and is called a subscriber.
Advertisement
Sign up free to unlock
- Score tracking
- Practice history
- Saved questions
- Progress dashboard
- Personalized sessions
- Weak-topic breakdown
…and/or go further with premium services and No Ads.