WAEC - Economics (2017 - No. 22)
Equity shares form the bulk of the capital of a?
private firm
public company
statutory company
limited partnership
Forklaring
An equity share, commonly referred to as ordinary share also represents the form of fractional or part ownership in which a shareholder, as a fractional owner, undertakes the maximum entrepreneurial risk associated with a business venture. The holders of such shares are members of the company and have voting rights. This is mainly associated with a public limited liability company