A person who has applied to purchase shares in ... - WAEC Accounting 2015 Question
A person who has applied to purchase shares in a company is referred to as ?
A
A promoter
B
A subscriber
C
An allottee
D
An underwriter
correct option: b
companies issue their shares for subc=scription either publicly or by private placement. People who apply to subscribe (buy) the shares are subscribers.
Please share this, thanks:
Add your answer
No responses