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Circular Flow Diagram

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Question

Write a word or a term or a phrase which can substitute each of the following statements:
A form of organisation where there is a separation of ownership from management ______________.

A

Joint Stock Company

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B

Co-operative Society

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C

Public Company

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D

Private Company

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Solution

The correct option is A Joint Stock Company
Option A is the correct answer.
A form of organisation where there is a separation of ownership from management is Joint Stock Company.

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