WAEC Economics 1998 Question 17

Question 17

Business Organisations

In a Joint-Stock Company shareholders are the

  1. A.owners
  2. B.managers
  3. C.chief executives
  4. D.company advisers
  5. E.day-to-day decision makers
Show the answer and explanation

Answer: A (owners)

Explanation

Shareholders own the company; directors and managers run it.