You have to define what a private limited companies and public limited company and their features.
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A public limited company is a type of limited company in which the shares are offered for sale to the public. A private limited company is limited by shares or by guarantee.
This type of company does not have the share capital but it is guaranteed by members who agree to pay a fixed amount in the event of liquidation.
A limited liability company is a legal form of business which offers limited liability to the owners. It is similar to a corporation, and even more flexible. See here for more information:Types of businesses
answered 10 months ago
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