A company whose shares are not easily transferable is a

Assessment: WAEC SSCE - Commerce - 2010 (Objective) Subject: Commerce

Question 1 Report

A company whose shares are not easily transferable is a

Answer Details
A company whose shares are not easily transferable is a private limited company. This means that the company is privately owned and its shares are not available for public trading on a stock exchange. The number of shareholders in a private limited company is limited and the transfer of shares is restricted to maintain the ownership structure of the company. Private limited companies are usually smaller in size and often owned by a group of individuals, families, or small businesses.

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