A public liability company is different from a private limited company because i?
Question 1 Report
A public liability company is different from a private limited company because i?
Answer Details
A public liability company is different from a private limited company because it can sell shares in the stock exchange. This means that the public liability company is publicly traded and its shares can be bought and sold by the general public. In contrast, a private limited company cannot sell shares to the public and is typically owned by a small group of shareholders. The other options mentioned in the question are characteristics that both types of companies share, such as being registered with the registrar of companies, being a legal entity, and being able to raise capital by way of loans.
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