JAMB Commerce 2025 Objective — Question 10

Question 10 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2025 Objective paper, with the correct answer and a full explanation.

A company is formed by:

A. Government
B. Directors
C. PromotersCorrect
D. Owners

Explanation

Promoters are the persons who conceive the idea of forming a company and take the necessary steps to bring it into existence.

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