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Topic Content:
- Meaning of Public Limited Liability Company
- Characteristics of Public Limited Liability Company
A Public Limited Liability Company, or ‘PLC’ for short, is established by a particular group of people. The number of people in the group is usually a minimum of seven (7) and has no maximum.
Public Limited Liability Company has limited liability which lies in the value of money or funds each member has contributed to the business.
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