Post Utme Coal City University 2021 Commerce Question 27

Practice objective / multiple choice question 27 from the 2021 Post Utme Coal City University Commerce examination.

Post Utme Coal City University 2021 Commerce Objective / Multiple Choice
Question 27 POST_UTME_COAL_CITY_UNIVERSITY • 2021 • COMMERCE • objective

A company's articles of association may contain provisions that restrict the transfer of shares. What is the purpose of such provisions?

Answer Options

A. To prevent the concentration of ownership
B. To ensure the continuity of management
Correct Answer C. To restrict the transfer of shares
D. To prevent the takeover of the company
Correct Answer
C
Correct Option:
To restrict the transfer of shares

About This Question

This is Post Utme Coal City University 2021 Commerce Question 27. It is one of the objective questions from the 2021 Post Utme Coal City University Commerce examination.

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