WAEC Commerce 2015 Objective — Question 39
Question 39 of 50 from the West African Examinations Council (WAEC) Commerce 2015 Objective paper, with the correct answer and a full explanation.
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The ordinary share is a unit of ownership in a limited liability company. It specifies the interest of the holder in the company. This describes a
- A. debenture
- B. preference share
- C. bond
- D. ordinary shareCorrect
Explanation
The ordinary share is a unit of ownership in a limited liability company. It specifies the interest of the holder in the company.
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