Post Utme Achievers University 2025 Commerce Question 7

Practice objective / multiple choice question 7 from the 2025 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2025 Commerce Objective / Multiple Choice
Question 7 POST_UTME_ACHIEVERS_UNIVERSITY • 2025 • COMMERCE • objective

A company's articles of association state that the company's shares can be transferred only with the consent of the board of directors. What type of share is this?

Answer Options

A. Ordinary share
B. Preference share
C. Redeemable share
Correct Answer D. Restricted share
Correct Answer
D
Correct Option:
Restricted share

About This Question

This is Post Utme Achievers University 2025 Commerce Question 7. It is one of the objective questions from the 2025 Post Utme Achievers University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support