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easyMCQCUET Accountancy 2025 22 May Shift 12026Accountancy
1 mark

Which company doesn't restrict the right to transfer its shares?

  1. A
    Non-Profit Making Company
  2. B
    A Private Company
  3. C
    A Public Company
  4. D
    Both Private and Public Company

Solution & Step-by-step Explanation

A core operational attribute of a Public Company is that its capital shares are freely transferable on open public stock markets without structural restrictive provisions.

Practice this question

Try it yourself before checking the explanation above.

Which company doesn't restrict the right to transfer its shares?
A
Non-Profit Making Company
B
A Private Company
C
A Public Company
D
Both Private and Public Company

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Company AccountsShare CapitalPublic Company

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