- 10 Marks
BMIS – March 2024 – L1 – Q1a – The business organisation and its stakeholders
Explain five features of a Public Limited Liability Company to a friend considering investment options.
Question
You have been approached by a high school friend for advice as to the form of business organisation in which he should invest. He indicates to you that he does not necessarily want to be directly involved in the day-to-day running of the business because he has family matters to attend to. You intend to recommend that he invests in a public limited liability company.
Required: Explain FIVE (5) features of a Public Limited Liability Company to your friend.
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