A disadvantage of a jont-stock company is - JAMB Economics 2022 Question
A disadvantage of a jont-stock company is
A
unlimited liability
B
limited liability
C
lack of continuity when a shareholder dies
D
limited control in management by shareholders
correct option: d
Option D is the correct answer.
Shareholders, who own the business, have limited or no influence on its affairs, while those who are in charge of running the business but do not own it may not do their jobs well.
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