which of the following business organisations is likely to experience disagreements between management and shareholders
A. co-operative society B. sole trader C. partnership D. joint-stock company
Correct Answer: D
Explanation
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.