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Question
XYZ company prohibits the acceptance of deposits from persons except directors, members or relatives is an ___________.
XYZ company prohibits the acceptance of deposits from persons except directors, members or relatives is an ___________.
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Solution
The correct option is A public limited company
A company whose securities are traded on a stock exchange and can be bought and sold by anyone. Public companies are strictly regulated, and are required by law to publish their complete and true financial position so that investors can determine the true worth of its stock (shares). Also called publicly held company.
A company whose securities are traded on a stock exchange and can be bought and sold by anyone. Public companies are strictly regulated, and are required by law to publish their complete and true financial position so that investors can determine the true worth of its stock (shares). Also called publicly held company.
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