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

The difference between a private are public limited liability company is that the former
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Is unable to declare and pay dividend.
  • B Has a higher number of share holder
  • C Is unable to offer shares to the public.
  • D Pays higher salaries to its member
Correct Answer: Option C
Explanation:
Private limited liability company do not issue shares to the public while public limited liabilities company does allow members of the public to subscribe to its shares.

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