A business outfit is said to be a public limited company ...
A business outfit is said to be a public limited company when it
Is owned by the government
Operates as a public corporations
Is run by the public
Sells its shares to members of the public
Correct answer is D
A public limited company is a company that sells its shares to members of the public and whose liabilities don't affect the private properties of its owners in the event of a liquidation. It means that the liability is limited to the amount invested.
The greatest disadvantages of barter system is the need for ...
Which of the following is an important function of prices in a market economy? ...
A deficit balance of payments is measured by subtracting the debits from the credits in the ...
Which of the following is used by the Central Bank to control the rate of interest? ...
The loans from the World Bank to developing countries are mainly to support ...