There may be a single shareholder in the case of a public company or many shareholders in the case of a private company.

Name: There may be a single shareholder in the case of a public company or many shareholders in the case of a private company.
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Question

Quizplus · Accepted Answer

The statement is the opposite of the correct definition. A public company may have many shareholders, while a private company usually has a limited number of shareholders.

There May Be a Single Shareholder in the Case of a Public