Post Utme Elizade University 2024 Commerce Question 7

Practice objective / multiple choice question 7 from the 2024 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2024 Commerce Objective / Multiple Choice
Question 7 POST_UTME_ELIZADE_UNIVERSITY • 2024 • 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 legal term for this type of share?

Answer Options

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

About This Question

This is Post Utme Elizade University 2024 Commerce Question 7. It is one of the objective questions from the 2024 Post Utme Elizade University Commerce examination.

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