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a private limited liability company differs from a public limited liability because it

Commerce
WAEC 2015

a private limited liability company differs from a public limited liability because it

  • A. does not issue its shares to the public
  • B. as a separate entity
  • C. has many directors
  • D. is a going concern
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Correct Answer: Option A
Explanation

A company is called as private limited when all its shares are in private hands while the shares in a Public Limited company are open to everyone.

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now