Question

When Edgars Stores Limited was listed on the JSE in 1946, what type of company was it?

a. State company
b. Private company
c. Public company
d. Non-profit organization

Answer 1

When Edgars Stores Limited was listed on the JSE in 1946, it was a public company that was open to the general public through the stock market.

Step-by-step explanation:

When Edgars Stores Limited was listed on the JSE in 1946, it was a public company. A public company is a business entity that is owned by shareholders who can freely buy and sell shares of the company on a stock exchange. This means that the ownership of Edgars Stores Limited was not restricted to a specific group of individuals or organizations, but rather open to the general public through the stock market.