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Shares of a company can be freely transferred, except in which company?
APrivate company
BPublic company
CListed company
DGovernment company
Answer & Solution
Correct answer: A. Private company
A private company restricts transfer of its shares, while others allow free transfer.
Related questions
Ease of transferring ownership is greatest in which form, leaving out private companies?From an investor's viewpoint, which form is more suitable as its risk is limited?For a business needing a permanent structure, which form is more suitable?Which form of business is least expensive to set up?Why does a private company not need to issue a prospectus?Which words must a private company use after its name?What is the minimum number of members needed to form a public company?Free transfer of shares does not apply to which type of company?