Multiple Choice
'When a public company is formed it must have its shares listed on the Australian Securities Exchange (ASX) '.This statement is:
A) Correct, because a public company is limited by shares
B) Incorrect, because a public company that is limited by shares need not list those shares on the ASX
C) Correct, because if the company did not wish to have its shares listed it must be formed as a proprietary company
D) Incorrect, because the company must have its shares listed on any stock exchange, not just the ASX
Correct Answer:
Verified
Correct Answer:
Verified
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