Deprecated: Return type of AdvancedAds\Abstracts\Data::offsetGet($offset) should either be compatible with ArrayAccess::offsetGet(mixed $offset): mixed, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /home/erudites/web/erudites.ng/public_html/wp-content/plugins/advanced-ads/includes/abstracts/abstract-data.php on line 431
The Difference Between A Private Are Public Limited Liability Company Is That The Former? - Erudites Academy

The difference between a private are public limited liability company is that the former?

A. Is unable to declare and pay dividend.
B. Has a higher number of share holder
C. Is unable to offer shares to the public.
D. pays higher salaries to its member

Correct Answer:

Option C – Is unable to offer shares to the public.

Explanation

Private limited liability company do not issue shares to the public while public limited liabilities company does allow members of the public to subscribe to its shares.

Sunday

Next A type of long-term loan granted to companies with fixed interest rate as well as with redeemable and irredeemable features is referred to as projects. »

Previous « The external environmental factors that affect a business cooperation are?

Published by

Sunday

Tags: Commerce

4 years ago