By Ayebazibwe Edgar A stock exchange is an exchange where stock brokers and traders can buy and sell shares of stock, bonds, and other securities. Many large companies have their stocks listed on a stock exchange. Listing on the stock exchange is one way of raising money from the public. To protect shareholders, the law puts measures which company can raise money from the public and how this money can be raised. This is regulated by the Capital Markets Authority.[1] The word company has no strict legal meaning.[2] Paul L. Davies in his book, principles of Company law, defines a…
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