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Which of the following organisations is most likely to sell shares for sale to invited investors?
a. A Sole trader
b. Partnership
C. Private limited company
d. A business with unlimited liability

Sagot :

Samawati

Answer:

C. Private limited company

Explanation:

Ownership in a private limited company is restricted, unlike in a public limited company. The shareholders of a private limited company are usually family members, close friends, or people with a shared interest.

A private limited company can raise capital by selling additional shares. Because becoming a shareholder in a private limited company is restricted, private companies raise capital by selling shares to existing shareholders or to invited investors.

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