NABTEB Commerce 2024 Objective — Question 4

Question 4 of 50 from the National Business and Technical Examinations Board (NABTEB) Commerce 2024 Objective paper, with the correct answer and a full explanation.

A source of finance peculiar to public companies is

A. A. sales of sharesCorrect
B. B. personal savings
C. C. membership contribution
D. D. borrowing from friends

Explanation

Public companies can raise capital through the sale of shares to the investing public.

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