Post Utme Mountain Top University 2017 Commerce Question 17

Practice objective / multiple choice question 17 from the 2017 Post Utme Mountain Top University Commerce examination.

Post Utme Mountain Top University 2017 Commerce Objective / Multiple Choice

Question 17 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2017 • COMMERCE • objective

A company's articles of association can be amended by a majority vote of its shareholders. What is the main purpose of this amendment?

Answer Options

A. To change the company's business objectives

Correct Answer B. To increase the company's authorized capital

C. To reduce the company's dividend payout ratio

D. To change the company's management structure

Correct Answer

Correct Option:

To increase the company's authorized capital

About This Question

This is Post Utme Mountain Top University 2017 Commerce Question 17. It is one of the objective questions from the 2017 Post Utme Mountain Top University Commerce examination.

View More Post Utme Mountain Top University 2017 Commerce Questions More Post Utme Mountain Top University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows

Chat with Support