Joint-stock companies can raise funds from

a

the money market

b

the capital market

c

various sources

d

government

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Explanation

Correct Option
c

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Chuks612
9 years ago

A joint stock company can also b referred to as a public limited liability company which has a minimum of 7 shareholders and no required maximum and has the capability to raise sources from various sources like banks, government grants/aids, the capital market, through issuance of shares to the general public and retained/ploughed back profits. The answer is undeniably C.

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