Which of the following is NOT a characteristic of the proprietary company?
A) There need only be one director
B) There is no obligation to hold an annual general meeting
C) There must be no more than 50 non-employee shareholders
D) Unlike small proprietary companies the proprietary company can advertise in newspapers to obtain loans
Correct Answer:
Verified
Q1: The first system of easily registerable companies
Q3: Q4: Under the Scheme based on the Uniform Q5: Under the current structure for accounting standard Q6: I Q7: With which of the following sources of Q8: The directors of Corp Ltd agree that Q9: Which of the following statements is Q10: Complete the following sentence: Q11: Meteor Pty Ltd owns 100% of
The _ is responsible
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