External finance for a limited liability company is mainly sourced through

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