which of the following business organisations is likely to experience disagreements between management and shareholders...
ECONOMICS
WAEC 2015
which of the following business organisations is likely to experience disagreements between management and shareholders
- A. co-operative society
- B. sole trader
- C. partnership
- D. joint-stock company
Correct Answer: D. joint-stock company
Explanation
joint-stock company is a company whose stock is owned jointly by the shareholders. A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares.
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