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WAEC - Commerce (2009 - No. 16)

Which of the following requires a certificate of trading to start business
Public corporation
Public limited company
Cooperative society
Private limited company

Forklaring

A trading certificate is a certificate issued by the registrar of companies, (in this case, the corporate affairs commission) to a public company without which the company may not do business.

These public companies also need this certificate to source funds from external sources.

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