Which Type of Company Operating Under the Corporations Act Must

question 15

Multiple Choice

Which type of company operating under the Corporations Act 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:

Collective Discrimination

Discriminatory practices or attitudes shared and enacted by a group towards others, often based on race, gender, or ethnicity.

Wage Rate

The amount of money paid per unit time to an employee for their labor.

Employment

The state of having a paid position of regular work, contributing to an individual's ability to earn income and participate in economic activities.

TANF

Temporary Assistance for Needy Families, a federal assistance program in the United States designed to help needy families achieve self-sufficiency.