Which of the following is not true of a private limited company?

Commerce WAEC 1996

Which of the following is not true of a private limited company?

  • The minimum number of shareholders is two
  • its shares are freely transferable checkmark
  • There is a limit to the number of shareholders
  • it is following separate legal entity
  • it is a registered business

The correct answer is: B

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment