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 popular social club will comport the invent limited after the company name (usually abbreviated to Ltd). Characteristics The characteristics of a public company are that they are limited by shares and fork out limited liability. express by shares means that shares in the company tush 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 re sponsibility of the individual shareholders is restricted to the subject 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. operate knobbed in setting up In place to set up a public Company, 5 or much people ne...If you want to get a dear essay, order it on our website:
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