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A company whose shares are not easily transferable is a

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Commerce WAEC 2010

A company whose shares are not easily transferable is a

  • private limited company checkmark
  • public limited company
  • public corporation
  • company limited by guarantee

The correct answer is: A

Explanation

A private limited company, or LTD, is a type of privately held small business entity, in which owner liability is limited to their shares, the firm is limited to having 50 or fewer shareholders, and shares are prohibited from being publicly traded. 

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