Post Utme Abu 2021 Commerce Question 32

Practice objective / multiple choice question 32 from the 2021 Post Utme Abu Commerce examination.

Post Utme Abu 2021 Commerce Objective / Multiple Choice

Question 32 POST_UTME_ABU • 2021 • COMMERCE • objective

A company's articles of association specify that the company's shares can be transferred only with the consent of the board of directors. What is the primary purpose of this provision?

A. To prevent the company's shares from being transferred to a competitor.

B. To ensure that the company's shares are transferred to a suitable buyer.

Correct Answer C. To prevent the company's shares from being transferred without the consent of the board of directors.

D. To ensure that the company's shares are transferred at a fair price.

Correct Answer

Correct Option:

To prevent the company's shares from being transferred without the consent of the board of directors.

This is Post Utme Abu 2021 Commerce Question 32. It is one of the objective questions from the 2021 Post Utme Abu Commerce examination.

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