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a private limited liability company differs from a public limited liability because it

a private limited liability company differs from a public limited liability because it
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Does not issue its shares to the public
  • B As a separate entity
  • C Has many directors
  • D Is a going concern
Correct Answer: Option A
Explanation:
A company is called as private limited when all its shares are in private hands while the shares in a Public Limited company are open to everyone.

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