It can be determined that Alpha Pty Ltd is a proprietary company as its records show that:
A) no approach has been made to the public for funds.
B) it has fewer than 50 employees.
C) it is a family company.
D) it has 'Pty Ltd' in its name.

Question

Quizplus · Accepted Answer

The term "Pty Ltd" in a company's name indicates that it is a proprietary limited company, which is a private company under Australian corporate law.

It Can Be Determined That Alpha Pty Ltd Is a Proprietary