Public Company Flashcards

1
Q

Number of owners

A

Unlimited

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2
Q

Liability of owners

A

Limited

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3
Q

Distribution of profits

A

Dividends to shareholders

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4
Q

Transfer of ownership

A

Yes

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5
Q

Separate legal entity

A

Yes

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6
Q

Continuity of existance

A

Yes

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7
Q

Ability to raise capital from the public

A

Yes

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