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Distinguish between a private and public limited company

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Question - Karen, Monique, Maya, and Clarke are friends. They decided to start a business and they are trying to figure out IF they should start a partnership OR a company. They visited your office to seek advice.

a) Explain to them what a Limited Liability Company is outlining at least three features of it.

b) Distinguish between a Private and Public Limited Company.

c) Give them at least two ( 2) advantages and two (2) disadvantages of the friends starting a company.

Reference no: EM133170252

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