Which of the following entities has an ownership interest that is divided into individual shares and profits,
Question:
Which of the following entities has an ownership interest that is divided into individual shares and profits, distributed to owners by means of the payment of dividends?
(a) A school in state ownership
(b) A partnership
(c) A limited company
(d) A sole trader
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c A limited company has ownership interest specified by shares and rewards owners by paying divide...View the full answer
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