MSCE Business Studies Practice Questions - Malawi School Certificate Of Education - Business Studies (MANEB) Exam

Which feature is typical of a private limited company?

Shares are freely traded on a public stock exchange without restriction There must be only one owner with unlimited liability Shareholders have limited liability and transfer of shares is usually restricted The business cannot employ more than five workers

Correct Answer:

Shareholders have limited liability and transfer of shares is usually restricted

Access more questions from this quiz

Continue to MSCE Business Studies Practice Questions - Malawi School Certificate of Education - Business Studies (MANEB) Exam for more practice questions and the full quiz experience.

Access More Questions