Question on: WAEC Economics - 2017
Equity shares form the bulk of the capital of a?
A
private firm
B
public company
C
statutory company
D
limited partnership
Ask EduPadi AI for a detailed answer
Correct Option: B
An equity share, commonly referred to as ordinary share also represents the form of fractional or part ownership in which a shareholder, as a fractional owner, undertakes the maximum entrepreneurial risk associated with a business venture. The holders of such shares are members of the company and have voting rights. This is mainly associated with a public limited liability company
Add your answer
Please share this, thanks!
No responses