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WAEC Commerce 2023 Objective — Question 13

Question 13 of 50 from the West African Examinations Council (WAEC) Commerce 2023 Objective paper, with the correct answer and a full explanation.

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A similarity of a private and public company is that they A. are required to publish their final accounts.

  • A. are required to publish their final accounts
  • B. have equal number of members
  • C. receive certificate of incorporationCorrect
  • D. sell shares on the stock exchange

Explanation

Both the private company and public company are issued certificate of incorporation by the Corporate Affairs Commission.

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