Which one of the following statements applies to both private limited companies and public limited companies?
A) Governed by the Companies Act 2006.
B) Must comply with corporate governance codes.
C) Have their shares listed on recognised stock exchanges..
D) Must use the designation plc.

Question

Quizplus · Accepted Answer

Both private limited companies and public limited companies are governed by the Companies Act 2006, which sets out the legal framework within which these companies operate in the UK.

Which One of the Following Statements Applies to Both Private