WAEC Economics 2013 Objective — Question 43
Question 43 of 50 from the West African Examinations Council (WAEC) Economics 2013 Objective paper, with the correct answer and a full explanation.
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Which of the following controls a limited liability company?
- A. The general manager
- B. The managing director
- C. Tax payers
- D. The board of directorsCorrect
Explanation
The board of directors manages the day-to-day affairs of a limited liability company, while the shareholders are the owners.
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