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Which Of The Following Does Not Apply To Private Companies? - Erudites Academy

Which of the following does not apply to private companies?

by Sunday | Aug 6 | Economics WAEC | 0 comments

A. the number of shareholders is limited
B. the liability of shareholders is limited
C. accounts have to be publicized
D. the companies are separate legal entities
E. shares are not easily transferable

Correct Answer:

Option E – shares are not easily transferable