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JAMB Economics 1998 Question 23

Question 23

Financial Institutions

Which of the following can have their shares quoted on the stock exchange?

  1. A.Public corporations
  2. B.A partnership
  3. C.A consumer co-operative
  4. D.A public limited liability company.
Show the answer and explanation

Answer: D (A public limited liability company.)

Explanation

Only public limited companies can offer their shares to the public and have them listed on the stock exchange.