A public limited liability company is owned by

JAMB Commerce 2024 139 views
Source: JAMB · 2024

A public limited liability company is owned by

  1. debenture holders
  2. general public
  3. government
  4. shareholders ✓
Explanation

Shareholders are the owners of a public limited company. They buy shares and become part-owners.

Debenture holders are lenders, not owners. The public can buy shares, but not all do.

Government owns public corporations, not public limited companies.

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