It is true that a private company:
A) is not restricted with a maximum number of shareholders.
B) can raise funds from the public.
C) must have 'Proprietary' or 'Pty' as part of its name.
D) can only have shareholders that are family members.
Correct Answer:
Verified
Q7: The ultimate power to control a company
Q8: Which of these is the responsibility of
Q9: Which of these is not one of
Q10: ASIC stands for:
A) Australian Shares and Investments
Q11: The rules for governing the internal affairs
Q13: Barry and Fiona each own 15 000
Q14: A legal document accompanying an invitation to
Q15: Companies are administered under the:
A) Corporations Act
Q16: Which of these is not part of
Q17: Which of these is not an advantage
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