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Examples of joint stock banks are

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Economics WAEC 2014

Examples of joint stock banks are

  • commercial banks checkmark
  • co-operative credit societies
  • central banks
  • development banks

The correct answer is: A

Explanation

A joint-stock company is a business owned by people called shareholders. Each shareholder owns company stock in proportion to the number of their shares (certificates of ownership). An example of a joint stock company today is a business type that is somewhere between a partnership and a corporation.

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