Which of the following business units can issue shares?
ECONOMICS
JAMB 2015
Which of the following business units can issue shares?
- A. Partnership
- B. Public limited liability company
- C. Sole proprietorship
- D. Central bank
Correct Answer: B. Public limited liability company
Explanation
A public limited company (PLC) is the legal designation of a limited liability company (LLC) that has offered shares to the general public and has limited liability.
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *