Post Utme Lead City University 2024 Commerce Question 12

Practice objective / multiple choice question 12 from the 2024 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2024 Commerce Objective / Multiple Choice

Question 12 POST_UTME_LEAD_CITY_UNIVERSITY • 2024 • COMMERCE • objective

A company's articles of association specify that the company's shares can be issued in the form of scrip. What is the primary purpose of this provision?

Answer Options

A. To facilitate the transfer of shares

Correct Answer B. To provide flexibility in share issuance

C. To increase the company's capital base

D. To reduce the company's administrative costs

Correct Answer

Correct Option:

To provide flexibility in share issuance

About This Question

This is Post Utme Lead City University 2024 Commerce Question 12. It is one of the objective questions from the 2024 Post Utme Lead City University Commerce examination.

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