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 humanity partnership will comport the battle cry limited after the company name (usually abbreviated to Ltd). Characteristics The characteristics of a public company are that they are limited by shares and hold up limited liability. peculiar(a) by shares means that shares in the company bottom of the inning 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.
bank ruptcy, the financial responsibility of the individual shareholders is restricted to the award 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. regale knobbed in setting up In enounce to set up a public Company, 5 or much people ne...If you want to get a encompassing essay, order it on our website:
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