Post Utme Uniben 2019 Commerce Question 17

Practice objective / multiple choice question 17 from the 2019 Post Utme Uniben Commerce examination.

Post Utme Uniben 2019 Commerce Objective / Multiple Choice
Question 17 POST_UTME_UNIBEN • 2019 • COMMERCE • objective

A company's articles of association may provide for a different class of shares with different rights and privileges. Explain the purpose of this provision.

Answer Options

A. To attract more investors
B. To give existing shareholders more control
Correct Answer C. To provide a different class of shares with different rights and privileges
D. To reduce the company's liability
Correct Answer
C
Correct Option:
To provide a different class of shares with different rights and privileges

About This Question

This is Post Utme Uniben 2019 Commerce Question 17. It is one of the objective questions from the 2019 Post Utme Uniben Commerce examination.

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