Concept:Both public and private limited liability companies are separate legal entities, so they can sue and be sued in their own names.
Explanation:A limited liability company has a legal personality distinct from its shareholders.
Therefore, it can enter contracts, own property, and take legal action against others.
It can also be taken to court and held liable for its obligations.
Private limited companies do not publish accounts for public use, while public companies do.
Share transfers are restricted in private companies but freely transferable in public companies.
The minimum number of shareholders also differs, so option A is the only feature common to both.
Answer:A. both can sue and be sued.