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Legal strucutre

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Can you explain the legal structure of a business.

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Legal strucutre

Can you explain the legal structure of a business.

patrick livingstone
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public investors PLC liability management anyone capital Stock raising shares listed

DEFINITION OF 'PUBLIC LIMITED COMPANY - PLC'
The standard legal definition of a company which has offered shares to the general and has limited . A Public Limited Company's stock can be acquired by and holders are only limited to potentially lose the amount paid for the . It is a legal form more commonly used in the U . K . Two or more people are required to form such a company , assuming it has a lawful purpose .

A limited company grants limited liability to its owners and . Being a public company allows a firm to sell shares to this is beneficial in capital . Only Public Limited Companies may be on the London Exchange and will have the suffix on their ticker symbol . For example , British Petroleum has the ticker BP PLC .
Other requirements include : It must be registered as a public company , it must have at least £50 . 000 of authorized share .