Which of the following is not true of a private limited company?

Which of the following is not true of a private limited company?
  • A.
    The minimum number of shareholders is two
  • B.
    its shares are freely transferable
  • C.
    There is a limit to the number of shareholders
  • D.
    it is following separate legal entity
  • E.
    it is a registered business
Correct Answer: Option B
Explanation
You May Also Like