Which of the following is true for a public limited company?
A - AQA - GCSE Business - Question 1 - 2023 - Paper 1
Question 1
Which of the following is true for a public limited company?
A. It can issue shares.
B. It does not have profit as an objective.
C. It is owned by the government.... show full transcript
Worked Solution & Example Answer:Which of the following is true for a public limited company?
A - AQA - GCSE Business - Question 1 - 2023 - Paper 1
Step 1
A. It can issue shares.
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Answer
A public limited company (PLC) has the ability to issue shares to the public, allowing it to raise capital for operations and growth. This is a defining characteristic of PLCs, distinguishing them from private limited companies.
