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The shares of a ___company can be freely transferable
  • a)
    Private ltd
  • b)
    Public ltd
  • c)
    Partnership
  • d)
    all of the above
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
The shares of a ___company can be freely transferablea)Private ltdb)Pu...
Explanation:
The correct answer is Public ltd company.
- A private ltd company is a privately held company where the shares are not freely transferable. The shares are usually owned by a small group of individuals or a family.
- A partnership is a type of business where two or more individuals share ownership and responsibility. However, partnerships do not have shares that can be freely transferred.
- A public ltd company is a company that offers its shares to the general public. In this type of company, the shares are freely transferable, meaning that shareholders can buy and sell their shares on the stock exchange.
Therefore, the correct answer is Public ltd company.
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The shares of a ___company can be freely transferablea)Private ltdb)Public ltdc)Partnershipd)all of the aboveCorrect answer is option 'B'. Can you explain this answer?
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