Post Utme Uniport 2019 Commerce Question 37

Practice objective / multiple choice question 37 from the 2019 Post Utme Uniport Commerce examination.

Post Utme Uniport 2019 Commerce Objective / Multiple Choice
Question 37 POST_UTME_UNIPORT • 2019 • COMMERCE • objective

A company's articles of association state that the company's shares can be transferred by a shareholder to another person. What is the implication of this provision?

Answer Options

A. The company is a private company
B. The company is a public company
Correct Answer C. The company's shares can be transferred to any person
D. The company's shares can only be transferred to a shareholder
Correct Answer
C
Correct Option:
The company's shares can be transferred to any person

About This Question

This is Post Utme Uniport 2019 Commerce Question 37. It is one of the objective questions from the 2019 Post Utme Uniport Commerce examination.

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