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WAEC Commerce 1995 Question 47

Question 47

Business Finance

Which of the following is not a source of capital to a public limited company?

  1. A.Equipment leasing
  2. B.Debt factoring
  3. C.Debentures
  4. D.Trade credits
  5. E.Transporting
Show the answer and explanation

Answer: E (Transporting)

Explanation

Leasing, factoring, debentures and trade credit all provide funds; transporting is an aid to trade, not finance.