Here are the solutions to the questions: 1. External finance for a limited liability company is mainly sourced through (b) the issuing of shares A limited liability company primarily raises capital by issuing shares to investors, who then become shareholders. 2. The present privatization policy in Nigeria is aimed at (d) increasing efficiency in production. Privatization policies generally aim to improve the efficiency and productivity of state-owned enterprises by transferring them to private ownership and management. 3. The losses suffered by a sole proprietor are (d) not limited to the amount invested. A sole proprietor has unlimited liability, meaning their personal assets are not separate from the business and can be used to cover business debts and losses. 4. The