Understanding Limited Companies

Understanding Limited Companies

Assessment

Flashcard

Other

10th Grade

Practice Problem

Easy

Created by

Katie Pett

Used 1+ times

FREE Resource

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10 questions

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1.

FLASHCARD QUESTION

Front

*Front:* Limited Company

Back

business structure where owners' liability is limited to their shares.

2.

FLASHCARD QUESTION

Front

*Front:* Shareholders

Back

or entities that own shares in a limited company.

3.

FLASHCARD QUESTION

Front

*Front:* Limited Liability

Back

are not personally responsible for company debts beyond their investment.

4.

FLASHCARD QUESTION

Front

*Front:* Private Limited Company (Ltd)

Back

company whose shares are not publicly traded and are limited to private investors.

5.

FLASHCARD QUESTION

Front

*Front:* Public Limited Company (PLC)

Back

company whose shares can be freely sold and traded to the public.

6.

FLASHCARD QUESTION

Front

*Front:* Advantage: Capital

Back

to raise capital by issuing shares.

7.

FLASHCARD QUESTION

Front

*Front:* Disadvantage: Regulation

Back

to more regulations and public disclosure requirements.

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