NECO Accounting 2025 Objective — Question 29
Question 29 of 60 from the National Examinations Council (NECO) Accounting 2025 Objective paper, with the correct answer and a full explanation.
Advertisement
The following are features of a Private Limited Liability Company, except that it
- A. limits the number of its members to fifty
- B. must end with "Limited"
- C. must end with "PLC"Correct
Explanation
Ending with 'PLC' is a feature of a Public Limited Company, not a Private Limited Company - making it the exception.
Advertisement
Sign up free to unlock
- Score tracking
- Practice history
- Saved questions
- Progress dashboard
- Personalized sessions
- Weak-topic breakdown
…and/or go further with premium services and No Ads.