A major advantage of the private company over a partnership is that the private company...

COMMERCE
WAEC 1999

A major advantage of the private company over a partnership is that the private company

  • A. can sell shares
  • B. has limited liability
  • C. can publish its account
  • D. is allowed to borrow from commercial banks

Correct Answer: B. 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 Your email address will not be published.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 *
Add Math
Don't want to keep filling in name and email whenever you make a contribution? Register or login to make contributing easier.