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Which of the Following Statements Is Not Correct

Question 19

Multiple Choice

Which of the following statements is not correct?


A) In public limited companies,a minimum number of capital providers is required,but no maximum is ever specified.
B) When shares of public limited companies can be traded freely on open financial markets,these shares are liquid and offer a preferred medium of investment for capital providers.
C) Most of the time,shares of public limited companies can be traded freely on open financial markets.
D) Each country's legislation specifies a minimum amount of capital and this minimum is generally lower for public limited companies than it is for the private limited companies.

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