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Thursday, 09 April 2026
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which of the following does not apply to private companies?

which of the following does not apply to private companies?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A The number of shareholders is limited
  • B The liability of shareholders is limited
  • C Accounts have to be publicized
  • D The companies are separate legal entities
  • E Shares are not easily transferable
Correct Answer: Option E
Explanation:

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