WEST VIRGINIA UNIVERSIRTY- (WV) : 26506
10. Private Sector companies are owned by the central or local government or
agencies.
A. True
B. False - ✔️✔️B
Private sector is owned by individuals and others. Govt. Owned public sector
companies
11. Limited companies term limited liabilities means ...............................................
A .Risk is generally restricted to the amount that they have invested in the company
B. Risk is linked to investor personal holdings.
C. That the funds they invest in the company are secured.
D. None of the above. - ✔️✔️A
12. A limited company has a separate legal personality from its owners (shareholders).
A. True
B. False. - ✔️✔️A
4
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