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  5. Which of the followi...

Which of the following business units can issue shares?

Economics
JAMB 2015

Which of the following business units can issue shares?

  • A. Partnership
  • B. Public limited liability company
  • C. Sole proprietorship
  • D. Central bank
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Correct Answer: Option B
Explanation

A public limited company (PLC) is the legal designation of a limited liability company (LLC) that has offered shares to the general public and has limited liability.

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts