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Which of the following businesses can raise capital through the stock exchange?

Commerce
WAEC 2021

Which of the following businesses can raise capital through the stock exchange?

  • A. Sole proprietorship
  • B. Private company
  • C. Public company
  • D. Cooperative society
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Correct Answer: Option C
Explanation

A public company is a corporation whose ownership is distributed amongst general public shareholders through publicly-traded stock shares. This means this kind of business enterprise can raise capital through the issue of shares in the stock exchange market


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