Post Utme Ims U 2021 Commerce Question 7

Practice objective / multiple choice question 7 from the 2021 Post Utme Ims U Commerce examination.

Post Utme Ims U 2021 Commerce Objective / Multiple Choice
Question 7 POST_UTME_IMS_U • 2021 • COMMERCE • objective

A company's articles of association state that the company's shares can be transferred by a simple majority vote of the shareholders. What type of share is this?

Answer Options

A. Preference Share
Correct Answer B. Ordinary Share
C. Redeemable Share
D. Convertible Share
Correct Answer
B
Correct Option:
Ordinary Share

About This Question

This is Post Utme Ims U 2021 Commerce Question 7. It is one of the objective questions from the 2021 Post Utme Ims U Commerce examination.

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