Business Studies · Corporate Share Transferability
Consider the following statements regarding the transferability of shares in private and public limited companies: 1. The shares of a private limited company are freely transferable. 2. The shares of a public limited company can be transferred freely. 3. There are structural restrictions on the transferability of shares in a private limited company. 4. The shareholder's right to transfer shares in a public limited company is strictly restricted. Which of the statements given above are INCORRECT?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1None of the statements are incorrect
- 2Statements 3 and 4
- 3Statements 2 and 3
- 4Statements 1 and 4✓
Correct answer
Statements 1 and 4
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