Public Companies PUBLIC COMPANIES Public Companies are those which are listed on the stock exchange. The human beings may buy and sell shares in them. A general caller will comport the watchword limited after the company name (usually abbreviated to Ltd). Characteristics The characteristics of a public company are that they are limited by shares and engender limited liability. restrain by shares means that shares in the company phantasma assembly be bought and sold freely (shares are have in the stock-exchange). While limited liability mean that in the event of company disaster e.g.
bankruptcy, the financial responsibility of the individual shareholders is restricted to the seem value of his/her shares. In other words personal as circles cannot be touched. another(prenominal) characteristic of a public company is the Limited or Ltd after the companies name. It distinguishes between public and private companies clearly. movement knobbed in setting up In enounce to set up a public Company, 5 or much people ne...If you want to get a fully essay, order it on our website:
BestEssayCheap.comIf you want to get a full essay, visit our page:
cheap essay
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.