A public liability company is run on a daily basis by

ECONOMICS
JAMB 2009

A public liability company is run on a daily basis by

  • A. the chief executive
  • B. the shareholders
  • C. the board of directors
  • D. financial consultants

Correct Answer: C. the board of directors

Explanation

A public liability company is owned by two or more shareholders who own the shares of the company, and run by a board of directors appointed by the shareholders.



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