It Is True for a Private Company

question 35

Multiple Choice

It is true for a private company:

• A)That the maximum number of shareholders is not restricted
• B)It can raise funds from the public
• C)It must have 'Proprietary' or 'Pty' as part of its name
• D)The shareholders must be family members

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Definitions:

Dual Circuit Foot Valve

A braking component in heavy vehicles, providing two separate pathways for brake fluid to ensure redundancy for safety.

Primary Section

The first or most important part of a system or structure, often serving as the foundational element.

S-cam Brake System

A type of drum brake system primarily used in heavy-duty vehicles, where an S-shaped cam is used to push the brake shoes apart and against the brake drum to generate friction and stop the vehicle.

Cam Roller

A cylindrical component that follows the cam profile, translating rotational motion into linear motion.