Font size
WorksheetsTopic 1 Quiz 2 PLC and Ltd
Total questions: 10
Worksheet time: 8mins
Give two advantages of being a Private limited company (Ltd)
Continuity
Divorce of ownership and control
Raising capital
Sharing of profits
Give two disadvantages of being a Private limited company
Limit on capital
Lack of privacy
Specialisation
Control
Give two advantages of being a Public limited company (PLC)
Limit on capital
Specialisation
Threat of takeover
Limited liability
Give two disadvantages of being a Public limited company
Divorce of ownership and control
Raising capital
Less privacy
Low start-up costs
Give two advantages of being a Private limited company
Limit on capital
Divorce of ownership and control
Control
Continuity
Give two disadvantages of being a Private limited company
Set up costs
Conflict between partners
Sharing of profits
Raising capital
Give two advantages of being a Public limited company
Set up costs
Continuity
Raising capital
All profits are kept
Give two disadvantages of being a Public limited company
Threat of takeover
All profits are kept
Specialisation
Set up costs
Give two disadvantages of being a Private limited company
Control
Lack of privacy
Limited liability
Sharing of profits
Give two advantages of being a Public Limited Company
Set up costs
Specialisation
Continuity
Sharing of profits
