WAEC Commerce 2014 Theory — Question 36
Question 36 of 50 from the West African Examinations Council (WAEC) Commerce 2014 Theory paper, with the correct answer and a full explanation.
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The document issued by the Registrar of companies which allows a public company to commence business is called
- A. a trading certificateCorrect
- B. prospectus
- C. certificate of incorporation
- D. memorandum of association
Explanation
Before an incorporated public company can start trading, it must be issued a certificate of trading (trading certificate).
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