Post Utme Esut 2021 Commerce Question 32

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

Post Utme Esut 2021 Commerce Objective / Multiple Choice

Question 32 POST_UTME_ESUT • 2021 • COMMERCE • objective

A company's articles of association state that the company must hold an annual general meeting (AGM) within six months of the end of its financial year. What is the purpose of this provision?

A. To ensure that the company's financial statements are audited.

Correct Answer B. To provide an opportunity for shareholders to discuss the company's performance.

C. To enable the company to comply with the Companies and Allied Matters Act (CAMA).

D. To facilitate the appointment of new directors.

Correct Answer

Correct Option:

To provide an opportunity for shareholders to discuss the company's performance.

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

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