Which of the Following Is Not True for a Private

question 39

Multiple Choice

Which of the following is not true for a private company?

• A) The company name includes the words 'Pty Ltd'.
• B) It is relatively easy to set up.
• C) It can have up to 50 shareholders.
• D) It is a common form of business structure for large-sized entities.

---

Definitions:

New Possibilities

Emerging opportunities or prospects that have the potential to be explored or developed in business, technology, or personal growth.

Product Development

The entire process of bringing a new product to the market, from idea conception to release.

Suspending Disbelief

Temporarily accepting as plausible or realistic something that is fictional or unreal, often used in storytelling or entertainment.

Dropping Constraints

The process of eliminating restrictions or limitations that hinder progress or flexibility in a project, task, or strategy.