Company Types – NBC Institute

BL – MarJul 2020 – L1 – SA – Q9 – Company Law

Question determining the legal nature of a private company limited by shares.

Question

A private company limited by shares is prohibited from
A. Sharing profits
B. Engaging in commercial activities
C. Conducting business outside Nigeria
D. Offering its shares to the public
E. Participating in partnerships

Answer

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Tags: Company Types, Legal Entities, Limited Liability, Private Company
Level: Level 1

Topic: Company Law
Series: MAR/JULY 2020

Question Tag: Company Types

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BL – MarJul 2020 – L1 – SA – Q9 – Company Law

Question determining the legal nature of a private company limited by shares.

BL – MarJul 2020 – L1 – SA – Q9 – Company Law

Question determining the legal nature of a private company limited by shares.

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Question Tag: Company Types

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BL – MarJul 2020 – L1 – SA – Q9 – Company Law

Question determining the legal nature of a private company limited by shares.

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BL – MarJul 2020 – L1 – SA – Q9 – Company Law

Question determining the legal nature of a private company limited by shares.

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