O-LevelCommerceBusiness enterprise7100/11 · Oct/Nov 2014 · Q361 Mark

How does a private limited company differ from a public limited company?

Adistribution of profits

Bliability for losses

Cownership of shares is restricted

Draising capital in the form of shares

✓ Correct answer

C: ownership of shares is restricted

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Topic: Business enterprise, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2014 Paper 1 Variant 1, question 36.

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