Which of These Is True for a Public Company

question 33

Multiple Choice

Which of these is true for a public company?

• A)It must have at least three directors and at least one shareholder
• B)It may be a no-liability company
• C)It may have unlimited share capital
• D)All the statements are true

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Definitions:

Spheres Of Existence

Conceptual domains within life that separate different aspects of experience, such as public, private, or professional spheres.

Aristotle's Virtues

A set of qualities Aristotle believed were important for achieving a good life, emphasizing moral character and the golden mean.

Wisdom

The ability to apply knowledge, experience, understanding, and common sense in a thoughtful and prudent manner.

Effect Theorists

Individuals or scholars who focus on the consequences or outcomes of actions as the basis for assessing their moral or ethical value.