WAEC - Commerce (2010 - No. 10)
A company whose shares are not easily transferable is a
private limited company
public limited company
public corporation
company limited by guarantee
Uitleg
A private limited company, or LTD, is a type of privately held small business entity, in which owner liability is limited to their shares, the firm is limited to having 50 or fewer shareholders, and shares are prohibited from being publicly traded.