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A firm is said to be a public Joint Stock Company when it?

Economics
JAMB 1985

A firm is said to be a public Joint Stock Company when it?
  • A. is owned by the government
  • B. is operated as a public corporation
  • C. is operated in a non-democratic fashion
  • D. sells shares to members of the public and publishes its account
  • E. is a limited liability company
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Correct Answer: Option D
Explanation
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