Which of the following is not true for a private company?
A) The company name includes the words 'Pty Ltd'.
B) It is relatively easy to set up.
C) It can have up to 50 shareholders.
D) It is a common form of business structure for large-sized entities.

Question

Quizplus · Accepted Answer

Private companies are usually smaller and not publicly traded. They are not a common form of business structure for large-sized entities, which typically choose options such as public companies or partnerships.

Which of the Following Is Not True for a Private