高階bafs-u02-d04

Compared with a public company, a private company typically:

A. Restricts the transfer of its shares and does not invite the public to subscribe✓ 答案
B. Must be listed on a stock exchange
C. Can have unlimited partners and no share capital
D. Has no requirement to publish any information

解說

Private companies limit share transfers and generally do not offer shares to the public, which is why detailed statutory rules on public offers are written for public companies. The exact statutory wording should be read from the current Companies Ordinance if a question needs it.

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