Question on: WAEC Economics - 2015
which of the following business organisations is likely to experience disagreements between management and shareholders
A
co-operative society
B
sole trader
C
partnership
D
joint-stock company
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Correct Option: D
joint-stock company is a company whose stock is owned jointly by the shareholders.
A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares.
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