Business Studies · Forms of Business Organisations
Which of the following features is actually an ADVANTAGE, rather than a disadvantage, of a Private Limited Company?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Strict compliance and legal paperwork requirements
- 2Restrictions on the free transferability of shares
- 3Prohibition on inviting the general public to subscribe to shares
- 4Limited financial liability for its shareholders✓
Correct answer
Limited financial liability for its shareholders
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