JAMB Commerce 2021 Objective — Question 33
Question 33 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2021 Objective paper, with the correct answer and a full explanation.
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33. The advantage of public limited liability companies over all other forms of business ownership is a. Access to unlimited loans b. It is transparent c. Anybody can be member d. It is usually the biggest
- A. Access to unlimited loansCorrect
- B. It is transparent
- C. Anybody can be member
- D. It is usually the biggest
Explanation
The major advantage of a public limited liability company over other business forms is its ability to access loans/capital from a wide range of sources (e.g. the stock exchange).
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