which of the following features distinguishes a public limited company from a private limited company
Answer Details
The feature that distinguishes a public limited company from a private limited company is the sales of shares to the public. A public limited company is a type of business organization that offers its shares for sale to the general public, and therefore, anyone can purchase the shares of the company. On the other hand, a private limited company cannot offer its shares for sale to the public, as it can only sell its shares to a select group of individuals who are known as shareholders. The other features mentioned such as perpetual existence, limited liability, and legal entity can apply to both public and private limited companies.