Give four main differences between a private limited company and a public limited company
Answer Text: -Private company has minimum of two shareholders and a maximum of fifty shareholder while a public limited company has a minimum of sevenshareholders and no maximum-In private company share cannot be traded in the stock exchange market while in public share can be traded in the stock exchange market-In private company, share can only be transferred with consent of all shareholders while in public company share is freely transferable-private company cannot issue a prospectus whereas a public company can issue a prospectus-In private company shares cannot be advertised while in public company, shares are advertised.
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