Joint-stock companies can raise funds from
ECONOMICS
JAMB 2008
Joint-stock companies can raise funds from
- A. the money market
- B. the capital market
- C. various sources
- D. government
Correct Answer: C. various sources
Explanation
A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. They raise such funds from the sales of shares to members through the various sources of business funding
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