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WAEC - Economics (2015 - No. 21)

which of the following business organisations is likely to experience disagreements between management and shareholders
co-operative society
sole trader
partnership
joint-stock company

Paaiškinimas

joint-stock company is  a company whose stock is owned jointly by the shareholders.

A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares.

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