Differentiate between private company and public company based on:
(i) Number of members
(ii) Name
(iii) Number of Directors
(iv) Invitation to public
(v) Transferability of shares
(vi) Issue of prospectors
(vii) Statutory meetings
(viii) Rights of giving loans to directors
(ix) Index of members
(x) Minimum shared up capital.
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A private company isn't like a public company. ... A private company is run in the same way a public company is run. The only difference is in the case of private company, the number of shares traded is relatively smaller and also the traded shares are owned by limited individuals.
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A private company is run in the same way a public company is run. The only difference is in the case of private company, the number of shares traded is relatively smaller and also the traded shares are owned by limited individuals. In the case of private companies, the capital often is sourced from venture capitalists.
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