A private company is different from a public company because?
FINANCIAL
JAMB 2006
A private company is different from a public company because?
- A. it does not restrict the right to transferits shares
- B. it cannot invite members of the public to subscribe for its shares
- C. its shares are owned by one person
- D. it can only offer its shares to members of the publicfor subscription
Correct Answer: B. it cannot invite members of the public to subscribe for its shares
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