A feature common to public and private limited liability companies is that
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Correct Answer: Option A
Explanation:
[b]Common Features of Private and Public Limited Companies[/b]
Both types of companies are registered with the words “Ltd†/ “Sdn Bhd†under the Companies Act.
The shareholders and the company are separate entities, they can sue and be sued
All shareholders have limited liability.
A board of directors is elected by the shareholders. ...
Salaries managers are employed to manage the business.
[b]Common Features of Private and Public Limited Companies[/b]
Both types of companies are registered with the words “Ltd†/ “Sdn Bhd†under the Companies Act.
The shareholders and the company are separate entities, they can sue and be sued
All shareholders have limited liability.
A board of directors is elected by the shareholders. ...
Salaries managers are employed to manage the business.