A unit of company's capital which can be bought is

Assessment: WAEC SSCE - Financial Accounting - 2004 (Objective) Subject: Financial Accounting

Question 1 Report

A unit of company's capital which can be bought is
Answer Details
A unit of company's capital which can be bought is called a "share". A share represents a portion of ownership in a company, and it entitles the shareholder to a proportional share in the company's profits and assets, as well as a vote in major company decisions. Shares can be bought and sold on stock exchanges or through private transactions, and the price of a share is determined by supply and demand in the market.
Read lesson note on Introduction To Company Accounts (JAMB)
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