Business Studies

State-owned enterprises differ from privately funded companies because ___________________________________________.


ANSWER

Public companies can never belong to individual shareholders


SOLUTION
company limited by shares must have at least one shareholder, who can be a director.There's no maximum number of shareholders. The price of an individual share can be any value. Shareholders will need to pay for their shares in full if the company has to shut down.
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Single Correct Medium Published on 18th 08, 2020
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