GK
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following business organizations is likely to experience disagreements between management and shareholders? A.Co-operative societies B.Sole traderC.Partnerships D.Joint-stock company
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A
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B
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C
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D
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D
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Explanation:
Detailed explanation-1: -In joint stock company there is separation of ownership and management and it involves placing the management of the firm under the responsibility of professionals who are not its owners. Owners of a company may include shareholders, directors, government entities and initial founders.
Detailed explanation-2: -Corporations are owned by shareholders who invest money in the business by buying shares of stock . The portion of the corporation they own depends on the percentage of stock they hold.
Detailed explanation-3: -Sole Proprietorship. General Partnership. Limited Liability Company (LLC) Corporations (C-Corp and S-Corp)
There is 1 question to complete.