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Separation of ownership from control is more pronounced in a

Economics
WAEC 2024

Separation of ownership from control is more pronounced in a

  • A. partnership
  • B. joint-stock company
  • C. sole proprietorship
  • D. constimer co- operative society
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Correct Answer: Option B
Explanation

B: In joint stock, many shareholders owned the company, thus, to avoid conflicting interest, expert are hired to manage the business.

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