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WAEC Commerce 2013 Objective — Question 28

Question 28 of 50 from the West African Examinations Council (WAEC) Commerce 2013 Objective paper, with the correct answer and a full explanation.

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The various right attached to different classes of shares are stated in the

  • A. articles of association
  • B. memorandum of association
  • C. balance sheet
  • D. prospectusCorrect

Explanation

The prospectus states the right, duties and responsibility of shareholders and debenture holders.

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