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WAEC Economics 2017 Objective — Question 22

Question 22 of 50 from the West African Examinations Council (WAEC) Economics 2017 Objective paper, with the correct answer and a full explanation.

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Equity shares form the bulk of the capital of a

  • A. A. private company
  • B. B. public companyCorrect
  • C. C. statutory company
  • D. D. limited partnership

Explanation

Equity share is ordinary shares. It is the main source of capital to the public company.

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