Question

3.
Differentiate between a private company and a public company
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Answer 1

Answer:

THE MAIN DIFFERENCE BETWEEN A

PRIVATE COMPANY AND A PUBLIC

COMPANY IS :--------

THE SHARES OF A PUBLIC COMPANY ARE TRADED ON A STOCK EXCHANGE. STOCKS ALSO KNOWN AS EQUITIES, REPRESENT FRACTIONAL OWNERSHIP IN A EXONOMY, WHILE A PRIVATE COMPANY'S SHARES ARE NOT.

Explanation:

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