Post Utme Bsu 2023 Commerce Question 2

Practice objective / multiple choice question 2 from the 2023 Post Utme Bsu Commerce examination.

Post Utme Bsu 2023 Commerce Objective / Multiple Choice

Question 2 POST_UTME_BSU • 2023 • COMMERCE • objective

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

Correct Answer A. To prevent the transfer of shares to unauthorized parties

B. To ensure that shares are transferred at a fair market value

C. To restrict the transfer of shares to specific individuals or groups

D. To facilitate the transfer of shares to new investors

Correct Answer

Correct Option:

To prevent the transfer of shares to unauthorized parties

This is Post Utme Bsu 2023 Commerce Question 2. It is one of the objective questions from the 2023 Post Utme Bsu Commerce examination.

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