Business Studies

XYZ company prohibits the acceptance of deposits from persons except directors, members or relatives is an ___________.


ANSWER

public limited company


SOLUTION
company whose securities are traded on a stock exchange and can be bought and sold by anyone. Public companies are strictly regulated, and are required by law to publish their complete and true financial position so that investors can determine the true worth of its stock (shares). Also called publicly held company.
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Single Correct Medium Published on 18th 08, 2020
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