Definitions of Private And Public Companies - SS1 Economics Past Questions and Answers - page 1
1
What type of company is owned by a small group of individuals or a single person?
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A
Public Company
Â
B
Private company
Â
Â
C
Both
2
What type of company has shares that can be owned by the general public?
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A
Public company
Â
B
Private company
C
Both
3
Which type of company is required to disclose financial information to the public?
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A
Public company
Â
Â
B
Private company
C
Both
4
What type of company often has a more personal and close-knit culture?
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A
Public company
Â
Â
B
Private company
C
Both
5
Which type of company often has a larger and more diverse group of shareholders?
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A
Public company
Â
Â
B
Private company
C
Both
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