Understanding Public Limited Companies

Understanding Public Limited Companies

Professional Development

15 Qs

quiz-placeholder

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Understanding Public Limited Companies

Understanding Public Limited Companies

Assessment

Interactive Video

Social Studies

Professional Development

Hard

Created by

James Hannaford

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a public limited company primarily known for?

Being a private entity with limited shares

Offering shares to the public via the stock exchange

Having unlimited liability

Operating without a board of directors

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the UK, how is a public limited company abbreviated?

AG

CCC

PLC

LLC

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key feature of a public limited company?

Joint liability

No liability

Limited liability

Unlimited liability

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the minimum capital requirement for a public limited company?

£10,000

£25,000

£50,000

£100,000

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many directors must a public limited company have at minimum?

One

Two

Three

Four

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the process called when a private limited company becomes a public limited company in the UK?

Merger

Flotation

Liquidation

Acquisition

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason for a company to go public?

To reduce operational costs

To avoid regulations

To access the stock exchange for finance

To limit shareholder numbers

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