JAMB - Commerce (2024 - No. 10)
Prospectus in relation to a public limited inability company means
a document stating the types or shares
an invitation to the public to collect dividends
an invitation to the public to buy shares
a document where the names of shareholders are written
Explanation
A prospectus is a formal document issued by a company seeking to raise capital through the sale of shares to the public. It provides detailed information about the company, its operations, financial, risks, and the terms of the offering. The prospectus serves as an invitation to potential investors to buy shares in the company.
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