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    4. Other Laws and Acts
    5. A Private Company may not issue securities

    Question

    A Private Company may not issue

    securities
    A By rights issue Correct Answer Incorrect Answer
    B By bonus issue Correct Answer Incorrect Answer
    C Through private placement Correct Answer Incorrect Answer
    D Through public offer Correct Answer Incorrect Answer

    Solution

    A private company may not issue securities by public offer. A public company can issue securities by public offer.

    Practice Next
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