In the event of bankruptcy, owners of joint-stock compani...
In the event of bankruptcy, owners of joint-stock companies lose
Their private properties
Both company and private assets
Only the capital invested
Only their dividends
Correct answer is C
In the event of bankruptcy, owner of joint stock/limited liability companies loses only the amount invested in the company. They cannot lose their personal or private properties.
Which of the following is an economic activity? ...
A major factor militating against rapid industrialization in Nigeria is ...
Disequilibrium in the balance of payment means ...
Statistical information available in most West African countries suggests that ...
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It is impossible to satisfy all human wants because ...
Which of the following is not a member of the Economic Community of West African State (ECOWAS)? ...
The movement of goods and services from the producers to the consumers is referred to as ...