Topic 1 Quiz 2 PLC and Ltd
Authored by S Wilson
Business
11th - 12th Grade
Used 22+ times
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10 questions
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1.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Give two advantages of being a Private limited company (Ltd)
Continuity
Divorce of ownership and control
Raising capital
Sharing of profits
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Give two disadvantages of being a Private limited company
Limit on capital
Lack of privacy
Specialisation
Control
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Give two advantages of being a Public limited company (PLC)
Limit on capital
Specialisation
Threat of takeover
Limited liability
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Give two disadvantages of being a Public limited company
Divorce of ownership and control
Raising capital
Less privacy
Low start-up costs
5.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Give two advantages of being a Private limited company
Limit on capital
Divorce of ownership and control
Control
Continuity
6.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Give two disadvantages of being a Private limited company
Set up costs
Conflict between partners
Sharing of profits
Raising capital
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Give two advantages of being a Public limited company
Set up costs
Continuity
Raising capital
All profits are kept
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