Commerce WAEC

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

Correct Answer: Option A

A. does not issue its shares to the public

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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