In a joint-stock company the shareholders are the

Assessment: WAEC SSCE - Economics - 1998 (Objective) Subject: Economics

Question 1 Report

In a joint-stock company the shareholders are the
Answer Details
In a joint-stock company, the shareholders are the owners. A joint-stock company is a type of business entity in which the ownership is divided into shares or stocks, and each shareholder owns a proportionate share of the company. Shareholders have the right to vote on important company decisions, receive dividends, and participate in the distribution of profits. However, they are not involved in the day-to-day management or decision making of the company. That responsibility lies with the management or board of directors, who are appointed by the shareholders to oversee the company's operations.
Read lesson note on Business Organizations (WAEC)
View Answer

Related Questions

1

At what price will a trader be ready to sell 6 oranges using the equilibrium below. p = 1/2 q + 2. where p is price and q is quantity?
2

the study of Economics enables the individuals to
3

which of the following will shift the demand curve for Milo to the right?
4

one way of solving the problem of scarcity that faces the individuals is for
5

The introduction of division of labour in a firm will lead to?
6

If the last Naira spent on each commodity by a consumer gave him equal satisfaction , it means the consumer has been able to
7

An ?exceptional demand is one in which
8

The equilibrium price of mangoes is N1.00. If the price fall to 50k, there will be

Download The App On Google Playstore

Everything you need to excel in your exams

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
200,000+ Exam Questions Across IGCSE, JAMB, WAEC & NECO
Over 3,900 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning