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JAMB Economics 2009 Objective — Question 40

Question 40 of 50 from the Joint Admissions and Matriculation Board (JAMB) Economics 2009 Objective paper, with the correct answer and a full explanation.

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A public liability company is run on a daily basis by

  • A. the chief executive
  • B. the shareholders
  • C. the board of directorsCorrect
  • D. financial consultants

Explanation

The day-to-day administration of the public limited liability company is done by the board of directors elected by the shareholders.

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