Name the company that does not invite public to subscribe to its securities
(a) Public company (b) Private company
(c) Joint stock company (d) Cooperative society
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Name the company that does not invite public to subscribe to its securities
(a) Public company (b) Private company
(c) Joint stock company (d) Cooperative society
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0
Answer to the given question
Explanation:
- Public organization or company is that company where the ownership is given to public shareholder through free trade of shares or stocks.
- Private-company is that company which is formed by a small no. of shareholders who come together for a profit motive or social cause.
- Private-company is the answer of this question that doesn't invite public to subscribe to its securities.
- Option b is the correct answer.
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