Question 4
Business UnitsThe term Plc implies that the shares are available
- A.to the public at the company
- B.privately on the stock exchange
- C.publicly on the stock exchange
- D.publicly in commercial banks.
Show the answer and explanation
Answer: C (publicly on the stock exchange)
Explanation
A public limited company (Plc) can offer its shares to the public, usually through the stock exchange.