What do you know about a Private Limited Company?

What is a private limited company?

• a company that is legally allowed to offer its shares for sale to the public.

• any type of business structure that is privately held by a small group of individuals or shareholders who have each invested a sum into the business.​

• a company that like to mind their own business

• a company that nobody knows about

The people who hold shares in this kind of business, are called shareholders.

• True

• False

Which is not a disadvantage of Private limited company?

• Public scrutiny

• Higher set-up costs

• Higher business profile

• Greater administrative burden

Which is an example of Private Limited Company?

• KFC

• Rolex

Which is a type of Private Limited Companies

• Unlimited

• Limited liability

• Non-limited