Which of the following are the characteristics of a private company ? X. Limited liability of members Y. Perpetual succession Z. Free transferability of shares Correct option is —

CS CSEET · Business Environment and Entrepreneurship & Business Management, Ethics and Communication · PYQS · December 2013
Which of the following are the characteristics of a private company ? X. Limited liability of members Y. Perpetual succession Z. Free transferability of shares Correct option is —
(A) X and Y
(B) Y and Z
(C) X and Z
(D) X, Y and Z.

Answer & Explanation:

Correct Answer: Option (A)

Correct answer: (A) X and Y.

Topics: Business Laws

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic