Search SchoolNGR

Sunday, 03 May 2026
Register . Login

Equity shares form the bulk of the capital of a?

Equity shares form the bulk of the capital of a?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Private firm
  • B Public company
  • C Statutory company
  • D Limited partnership
Correct Answer: Option B
Explanation:
An equity share, commonly referred to as ordinary share also represents the form of fractional or part ownership in which a shareholder, as a fractional owner, undertakes the maximum entrepreneurial risk associated with a business venture. The holders of such shares are members of the company and have voting rights. This is mainly associated with a public limited liability company

Share question on: