Which Type of Company Operating Under the Corporations Act 2001

question 38

Multiple Choice

Which type of company operating under the Corporations Act 2001 must have the words Proprietary Limited (Pty Ltd) after its name?

• A)Proprietary company.
• B)No liability company.
• C)Company listed on the stock exchange.
• D)Public company.

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Definitions:

Internal Rewards

Personal satisfaction and intrinsic motivations that come from within an individual, rather than external rewards.

Sense of Achievement

A feeling of pride and satisfaction that comes from accomplishing a task or reaching a goal.

Pride in Accomplishment

is a feeling of satisfaction and self-respect that comes from achieving or excelling in something.

Vacation

A period of time spent away from home or work for relaxation or recreation.