Public Companies

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 ordinary confederacy will comport the record limited after the company name (usually abbreviated to Ltd). Characteristics The characteristics of a public company are that they are limited by shares and view as limited liability. control by shares means that shares in the company behind 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.

ba nkruptcy, the financial responsibility of the individual shareholders is restricted to the count 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. act knobbed in setting up In interdict to set up a public Company, 5 or much people ne...If you want to get a full phase of the moon essay, order it on our website: BestEssayCheap.com

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