Equity shares form the bulk of the capital of a?

A. private firm
B. public company
C. statutory company
D. limited partnership

Correct Answer: Option B

B. public company

Explanation

An equity share, commonly referred to as ordinary share also represents the form of fractional or part ownership in which a shareholder, as a fractional owner, undertakes the maximum entrepreneurial risk associated with a business venture. The holders of such shares are members of the company and have voting rights. This is mainly associated with a public limited liability company