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WAEC Commerce 1997 Question 80

Question 80

Business Finance

Who among the following has no right of ownership to a business organization?

  1. A.Shareholder
  2. B.Entrepreneur
  3. C.Partner
  4. D.Debenture holder
  5. E.Sole-proprietor
Show the answer and explanation

Answer: D (Debenture holder)

Explanation

A debenture holder is a creditor who lent money to the company, not an owner.