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A disadvantage of a jont-stock company is

A disadvantage of a jont-stock company is
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Unlimited liability
  • B Limited liability
  • C Lack of continuity when a shareholder dies
  • D Limited control in management by shareholders
Correct Answer: Option D
Explanation:
The owners of the business ( shareholders) have little or no say in the affairs of the business, while the people at the helm of affairs who are not the owners may not put in their best.

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