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Which of the following has the ultimate control of a company?

Which of the following has the ultimate control of a company?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Board of directors
  • B Employees
  • C Shareholders
  • D Management
Correct Answer: Option C
Explanation:
The ultimate controller, refers to the shareholder who has the ultimate control in the company and is not controlled by anyone. This ownership structure often results in a certain level of control between the ultimate controller and the listed company.

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