- 10 Marks
BMIS – Mar 2023 – L1 – Q1a – The business organisation and its stakeholders
Explains four benefits for a partnership converting to a Public Limited Liability Company.
Question
Asante, Oforiwaa, and Obrafour, who are well known to you and have been operating a Partnership for many years, have approached you for advice regarding their decision to convert it into a Public Limited Liability Company.
Required:
Explain FOUR (4) benefits that will be enjoyed by members of the Partnership should they convert it into a Public Limited Liability Company.
Find Related Questions by Tags, levels, etc.
- Tags: Business Benefits, Corporate Structure, Partnership, Public Limited Company
- Level: Level 1
- Topic: The Business Organisation and its Stakeholders
- Series: MAR 2023
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