Private and public limited companies are not the same because ____________
A. Former is limited to fifty shareholders but not the latter B. Both are not legal entities C. Former is established secretly but latter is located in central places. D. Former is managed by board of directors but latter is inanaged by board of management
Correct Answer: A
Explanation
Private limited liability companies have shareholder ranging from 2 to 50 people. while the public liability company from 7 to infinity
