WAEC Commerce 2018 Objective — Question 17
Question 17 of 50 from the West African Examinations Council (WAEC) Commerce 2018 Objective paper, with the correct answer and a full explanation.
Advertisement
A business which requires a certificate of trading in order to commence operation is a
- A. co-operative society
- B. private company
- C. sole proprietorship
- D. public companyCorrect
Explanation
A public limited company must obtain a certificate of trading (in addition to incorporation) before it can commence business.
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.