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GCE Commerce 1990 Question 69

Question 69

Business Finance

The main source of capital for a limited liability company is

  1. A.bank overdraft
  2. B.government subsidy
  3. C.undistributed profits
  4. D.bank loan
  5. E.share subscriptions
Show the answer and explanation

Answer: E (share subscriptions)

Explanation

A company raises most of its capital by selling shares.