Economics · Forms of Business Organization
Which of the following is a distinctive feature of a 'Public Limited Company'?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Large number of risk-bearing shareholders with shares freely transferable✓
- 2Voluntary welfare association without any statutory compliances
- 3Strict management limitation to a closely-knit family unit
- 4Unlimited liability extending to personal assets of shareholders
Correct answer
Large number of risk-bearing shareholders with shares freely transferable
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