WAEC Commerce 2020 Objective — Question 13

Question 13 of 50 from the West African Examinations Council (WAEC) Commerce 2020 Objective paper, with the correct answer and a full explanation.

The issue of prospectus by a company is an invitation to members of the public to

A. subscribe to the company's sharesCorrect
B. buy the company's products
C. attend the company's board meeting
D. (see explanation)

Explanation

The prospectus is the document used to invite the general public to subscribe to the shares of the company. It contains details related to the company and the issued shares.

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