Which of the following is NOT a format for a limited company?

A limited company, by definition, is a type of business structure that limits the personal liability of its owners or shareholders, and there are specific formats recognized under this category.

The option "Limited liability organization (LLO)" is not a recognized format for a limited company, which is why it is correct to identify it as the answer to this question. The more commonly accepted forms of limited companies include private limited companies (LTD) and public limited companies (PLC), both of which have well-defined legal structures and regulatory requirements.

In contrast, a private limited company (LTD) is owned privately and cannot sell shares to the public, while a public limited company (PLC) is allowed to offer shares to the public and is usually listed on a stock exchange. Neither of these options presents the same challenges as the LLO, which is not an established term in company law.

Moreover, a multi-national corporation (MNC) refers to a company that operates in multiple countries and can exist in various legal forms, including as a private or public limited company, but it is not specifically a format of a limited company itself. Thus, the distinction is clear that "Limited liability organization (LLO)" does not align with recognized company types, making