Plc+Ltd Flashcards
1
Q
Plc
A
Public limited company
2
Q
Ltd
A
private limited company
3
Q
Advantageof plc
A
Raises a lot of capital for investment/generates publicity
4
Q
Disadvantages of plc
A
Bad negative publicity in the press drop in share
/shareholders can revolt against your ideas costly
5
Q
2 things about plc
A
Shareholders are member of the public/ controlled board of directors
6
Q
Advantages to ltd
A
Limited liability/shareholders become directors
7
Q
Disadvantages to ltd
A
Complicated to set up/ loss of individual control /accounts made public
8
Q
2 things about ltd
A
Separate legal existnace from owners/shareholders are family and friends
