Which Type of Company Is the Most Appropriate for a Husband

question 34

Multiple Choice

Which type of company is the most appropriate for a husband and wife running a small business?

• A)A company is not appropriate for a small family business.
• B)Small proprietary company limited by shares.
• C)Small public company limited by shares.
• D)Public no liability company.

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Definitions:

Social Structure

Social structure refers to the organized patterns of social relationships and social institutions that compose a society.

Nomination Procedure

A formal process used to select candidates for positions, roles, or recognition, often involving voting or selection by a committee.

Productive Labor

Work that contributes to the production of goods and services in an economy, often associated with value creation.

Deliberate Teaching

The intentional act of teaching specific skills or knowledge through structured and planned activities or lessons.