Which of the following business organization is allowed to raise capital by sales of shares to more than twenty people?
The correct answer is C. Public limited liability company
Public Limited Liability Company is defined as one which allows the public to subscribe for its shares. The number of shareholder range from seven to infinity i.e owners must be at least seven but there is no maximum number
Previous question Next questionWhat is Exam without Practice? With our customizable CBT practice tests, you’ll be well-prepared and ready to excel in your examsStart Practicing Now
