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In ______ company there is no restriction on the transfer of shares. - Business Studies

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Question

In ______ company there is no restriction on the transfer of shares.

Options

  • Public Company

  • Private Company

  • Chartered Company

MCQ
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Solution

In public company there is no restriction on the transfer of shares.

Explanation:

Within a Public Business: 

  • Share transfers are not restricted in any way.
  • On the stock exchange, shares can be purchased or sold, and they are freely transferable.
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Chapter 17: Various Business Entities - EXERCISES [Page 254]

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Goyal Brothers Prakashan Business Studies [English] Class 12 ISC
Chapter 17 Various Business Entities
EXERCISES | Q I. B. 6. | Page 254
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