limited liability (1.2.2) 0.0 / 5 ? Business Studieslimited liability (1.2.2)ASAQA Created by: lee42Created on: 03-06-19 14:43 what are private limited companies? Private limited companies (Ltds) are companies where ownership of shares is restricted. 1 of 6 what are advantages private limited companies? shareholders have limited liability, ownership restricted and easy to get a loan 2 of 6 what are disadvantages private limited companies? finance needed to incorporate the business, they are legally obliged to publish their accounts each year 3 of 6 what are publix limited companies? Public limited companies sell shares on the stock exchange. 4 of 6 what are the advantages of a public limited company? selling shares on stock exchange allows company to invest, much easier to raise capital and shareholders have limited liability 5 of 6 what are the disadvantages of a public limited company? owners have very little say on the run of the business, anyone can take over the company, accounts must be made public 6 of 6
Comments
No comments have yet been made