Differentiate between private company and public company based on:
(i) Number of members
(ii) Name
(iii) Number of Directors
(iv) Invitation to public
(v) Transferability of shares
(vi) Issue of prospectors
(vii) Statutory meetings
(viii) Rights of giving loans to directors
(ix) Index of members
(x) Minimum shared up capital.
please answer all.
Share
Answer:
The main difference between a private vs public company is that the shares of a public company are traded on a stock exchange. Stocks, also known as equities, represent fractional ownership in a company, while a private company's shares are not.