What is a public limited company primarily known for?

Understanding Public Limited Companies

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Social Studies
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Professional Development
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Hard

James Hannaford
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Being a private entity with limited shares
Offering shares to the public via the stock exchange
Having unlimited liability
Operating without a board of directors
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the UK, how is a public limited company abbreviated?
AG
CCC
PLC
LLC
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key feature of a public limited company?
Joint liability
No liability
Limited liability
Unlimited liability
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the minimum capital requirement for a public limited company?
£10,000
£25,000
£50,000
£100,000
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many directors must a public limited company have at minimum?
One
Two
Three
Four
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the process called when a private limited company becomes a public limited company in the UK?
Merger
Flotation
Liquidation
Acquisition
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main reason for a company to go public?
To reduce operational costs
To avoid regulations
To access the stock exchange for finance
To limit shareholder numbers
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