Topic 12: Types of Business Organizations
Joint Stock Companies
Definition A Joint Stock Company is an association of people who contribute towards a joint stock of capital for the purpose of carrying on business with the view to profit. The stock of capita…
Topic 12: Types of Business Organizations
Public Limited Companies
Features of Public Limited Companies v Must use the word “Public Limited Company” or “PLC” after its name v Can invite the general public to buy its shares and debentures v Can transfe…
Public Limited
Difference Between Private and Public Limited Companies
Private Limited Companies 1. Relatively small in size 2. Cannot transfer its shares 3. Cannot sell its shares through stock exchange 4. Can ha…
Topic 12: Types of Business Organizations
Joint Stock Companies
Definition A Joint Stock Company is an association of people who contribute towards a joint stock of capital for the purpose of carrying on business with the view to profit. The stock of capi…
Topic 12: Types of Business Organizations
Public Limited Companies
Features v Must use the word “Public Limited Company” or “PLC” after its name v Can invite the general public to buy its shares and debentures v Can transfer its shares freely v Mus…
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