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WEEK 2
SUBJECT: COMMERCE
CLASS: SS 2
TOPIC: LIMITED COMPANIES
Content:
SUB-TOPIC 1: SOURCES OF CAPITAL
The following are sources of capital open to limited liability companies.
Shares
A share can be defined as the unit portion of the company’s capital owned by a shareholder. It is a unit which a shareholder has in a company.
Classes of shares
There are basically two types of shares namely
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