Public Company Flashcards
1
Q
Number of owners
A
Unlimited
2
Q
Liability of owners
A
Limited
3
Q
Distribution of profits
A
Dividends to shareholders
4
Q
Transfer of ownership
A
Yes
5
Q
Separate legal entity
A
Yes
6
Q
Continuity of existance
A
Yes
7
Q
Ability to raise capital from the public
A
Yes