Public Limited Company Flashcards
1
Q
What is a PLC
A
It is a limited liability company whose shares may be freely sold and traded to the public
2
Q
What are the advantages of an PLC
A
They are allowed to sell whatever they want to the public. They have as many people as they want to help them with business.
3
Q
What are the disadvantages of a PLC
A
The one who started the business will have to share his money and ideas with his sharers and they may not agree with everything that the want to do
