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Which of These Is an Advantage of a Private Company

question 5

Multiple Choice

Which of these is an advantage of a private company compared to a partnership?
i.Perpetual life.
ii.Easier transfer of ownership.
iii.Mutual agency.
iv.Limited liability.


Definitions:

Hypertext Documents

Documents that are formatted to be read on a computer, integrating text with hyperlinks to other documents or resources for easy navigation and referencing.

HTTP

HyperText Transfer Protocol, the foundational protocol used for transmitting web pages over the internet.

IP Address

Short for Internet Protocol Address, it's a unique address that identifies a device on the internet or a local network, allowing for data exchange.

Static

Unchanging; not dynamic. In programming, it refers to variables or methods belonging to the class itself rather than any instance of the class.

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