If a company is described as listed, it means
If a company is described as listed, it means
- A) its shares can be traded on the stock exchange
- B) it is about to be voluntarily liquidated
- C) It is duly registered by the registrar of companies
- D) it has been blacklisted
Correct Answer: C) It is duly registered by the registrar of companies
Explanation
A listed company is a company whose shares can be traded on the stock exchange. This means that the company has met certain requirements and has been approved to have its shares bought and sold by investors on the stock market. Being listed on the stock exchange provides the company with greater visibility, liquidity, and access to capital. It also means that the company is subject to certain regulations and reporting requirements to ensure transparency and protect the interests of investors. Therefore, option A, its shares can be traded on the stock exchange, is the correct answer. Options B, C, and D are incorrect because they do not accurately describe what it means for a company to be listed.