A 'public company' is any:

Name: A 'public company' is any:
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Question

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A public company is any company that is not a proprietary company, which means it is not owned by a small group of people (i.e. not privately owned). A company limited by shares (A) and a company listed on the ASX (B) are both examples of public companies, but not all public companies are listed on the ASX. Having three or more directors (C) is not a defining characteristic of a public company.

A 'Public Company' Is Any