Search SchoolNGR

Thursday, 09 April 2026
Register . Login

A person who has applied to purchase shares in a company is referred to as ?

A person who has applied to purchase shares in a company is referred to as ?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A A promoter
  • B A subscriber
  • C An allottee
  • D An underwriter
Correct Answer: Option B
Explanation:
companies issue their shares for subc=scription either publicly or by private placement. People who apply to subscribe (buy) the shares are subscribers.

Share question on: