Business Studies, asked by TIAMK, 1 year ago

difference bw private and public company

Answers

Answered by rajhans25
2
The principal difference between public and privately held companies is that public companies have shares that can be publicly traded on a stock market. A privately held companymight become a publicly held companyby conducting an initial public offering, which is the offering of shares of the company to the public.
Answered by Payals
3
A private limited company is a business entity that is held by privateowners. This type of entity limits the owner's liability to their ownership stake, and restricts shareholders from publicly trading shares. ... Number of directors: A private limited companyneeds a minimum of only 2 directors.
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