WAEC Commerce 2022 Objective — Question 11
Question 11 of 50 from the West African Examinations Council (WAEC) Commerce 2022 Objective paper, with the correct answer and a full explanation.
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Which of the following documents would a shareholder inspect to know his voting rights?
- A. Articles of AssociationCorrect
- B. Certificate of Incorporation
- C. Certificate of Trading
- D. Memorandum of Association
Explanation
While the Articles of Association regulates the company's internal affairs (such as shareholders' voting rights), the Memorandum of Association regulates the company's external affairs.
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