Company Law Class

2. Which of the following is a company that has its shares traded on a public stock exchange?

A Private company

B Listed company

C Unlimited company

D Public company

3. All of the following statements about a private company are true except:

A It is defined as any company that is not a public company

B It may have just one director

C It can sell its shares on the stock exchange

DIt is not required to hold annual general meetings

4. Which of the following exists as a separate legal entity from its members?

A A sole proprietor

B An ordinary partnership

C A limited liability company

D None of the above