2. Which ONE of the following statements is true? Only public companies can provide financial assistance to acquire their own shares. Private companies are free to provide financial assistance to acquire their own shares. Generally public companies are prohibited from providing such assistance, but can do so in limited circumstances. No company is allowed to provide financial assistance to acquire its own shares. Only private companies can provide financial assistance to acquire their own shares. 3. In order to reduce capital, a public company must pass a special resolution and obtain court approval. True or false? True False