WAEC Commerce 2015 Objective — Question 45
Question 45 of 50 from the West African Examinations Council (WAEC) Commerce 2015 Objective paper, with the correct answer and a full explanation.
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A private limited liability company differs from a public limited liability company because it
- A. does not issue its shares to the publicCorrect
- B. as a separate entity
- C. is a going concern
- D. has as many directors
Explanation
While the public limited liability company issues its share to the public for subscription, the private limited company issued its share to private individuals.
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