passwella.
Menu

JAMB Commerce 2004 Question 37

Question 37

Business Units

The acronym PLC is used to identify a

  1. A.company limited by shares
  2. B.private company limited by shares
  3. C.public company limited by shares
  4. D.company limited by guarantee
Show the answer and explanation

Answer: C (public company limited by shares)

Explanation

PLC stands for Public Limited Company, a public company limited by shares; a private company uses 'Ltd'.