A common requirement for public and private limited companies in Nigeria is that

COMMERCE
JAMB 1999

A common requirement for public and private limited companies in Nigeria is that

  • A. a shareholder cannot transfer his shares to someone else without permission from other shareholders
  • B. their annual account are made available to the Corporate Affairs Commision
  • C. shares can be offered for sale on the stock exchange
  • D. shares can be offered for sale through an issuing house

Correct Answer: B. their annual account are made available to the Corporate Affairs Commision



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