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

COMMERCE
JAMB 2006

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

  • A. is unable to offer shares to the public
  • B. is unable to declare and pay dividend
  • C. has a higher number of shareholders
  • D. pays higher salaries to its managers

Correct Answer: A. is unable to offer shares to the public



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