The purpose of forming a private limited company is to encourage people to invest in large enterprises with relatively little risk.
Correct Answer:
Verified
Q26: Transaction costs are the main reason for
Q27: Asymmetric information is said to be the
Q28: Asymmetric information refers to the fact that
Q29: The more widely power is distributed within
Q30: Limited liability means that, legally, shareholders cannot
Q32: If a business holds interests in a
Q33: If a business uses production sites in
Q34: If a business pursues a single strategy
Q35: A company where ownership is distributed between
Q36: It is common for a consortium to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents