A disadvantage of a jont-stock company is
ECONOMICS
WAEC 2022
A disadvantage of a jont-stock company is
- A. unlimited liability
- B. limited liability
- C. lack of continuity when a shareholder dies
- D. limited control in management by shareholders
Correct Answer: D. limited control in management by shareholders
Explanation
The owners of the business ( shareholders) have little or no say in the affairs of the business, while the people at the helm of affairs who are not the owners may not put in their best.
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