public limited company Flashcards
1
Q
plc ,public
A
company that commonly offers shares to general public , via stock exchange
2
Q
cons of public limited company
A
can’t control who shareholders are
3
Q
factors
A
minimum
must raise minimum of 50k share capital
2 directors , one company secatory
3
Q
pros of public lc
A
sources of finance - stock exchange, expansion possible
