WAEC Commerce 2024 Objective — Question 4
Question 4 of 50 from the West African Examinations Council (WAEC) Commerce 2024 Objective paper, with the correct answer and a full explanation.
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4. A source of finance peculiar to public companies is A.
- A. sale of shares.Correct
- B. personal savings.
- C. membership contribution.
- D. borrowing from friends.
Explanation
Sales of shares involves inviting the general public to buy the share of a company. This is one of the major sources of finance to Plc.
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