The difference between a private are public limited liability company is that the former
-
A.
Is unable to declare and pay dividend. -
B.
Has a higher number of share holder -
C.
Is unable to offer shares to the public. -
D.
pays higher salaries to its member
Correct Answer: Option C
Explanation
Private limited liability company do not issue shares to the public while public limited liabilities company does allow members of the public to subscribe to its shares.