Question on: SS1 Commerce - Types of limited liability company

What is the main difference between a private LLC and a public LLC?

View related lesson
Ask EduPadi AI for a detailed answer

The main difference is that a private LLC is owned by a limited number of individuals or entities and is not publicly traded, while a public LLC offers its ownership shares to the general public through the stock market.

Add your answer

Notice: Please post responsibly.

Please share this, thanks!

No responses