Post Utme Skyline University 2024 Commerce Question 7

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

Post Utme Skyline University 2024 Commerce Objective / Multiple Choice

Question 7 POST_UTME_SKYLINE_UNIVERSITY • 2024 • COMMERCE • objective

A company's articles of association may contain provisions that restrict the transfer of shares. What is the purpose of such provisions?

Answer Options

A. To prevent the concentration of ownership

Correct Answer B. To ensure that shares are transferred to a specific individual or group

C. To allow for the easy transfer of shares

D. To increase the company's capital

Correct Answer

Correct Option:

To ensure that shares are transferred to a specific individual or group

About This Question

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

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