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AS
Question Practice

How does a One Person Company differ fundamentally from a Private Company?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - II
Accounting for Share Capital
Question Bank

How does a One Person Company ...

Single Answer MCQ
Q-00082417

How does a One Person Company differ fundamentally from a Private Company?

1

Shares are non-transferable

2

Does not require more than one member

3

Is always a public company

4

Has no legal status

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Q4.

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