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Business plc's liability

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Anonymous

15y ago
Updated: 8/17/2019

a plc has limited liability like an Ltd

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Wiki User

15y ago

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Related Questions

Do Ltds and PLCs have unlimited or limited liability?

Both Ltd's and PLC's have limited liability.This means that their personal possessions (houses for example) are safe if the business was to go into financial difficulties. The owners will only have to pay back what it invested in the business.


What is good a job or business?

Programming PLCs is a good field and business to get in. The automation industry is growing at a rapid pace. Many new positions are open for people that can program and troubleshoot a PLC. The largest of the companies that manufacture PLCs are Allen Bradley, Siemens, and Schnieder.


What are the Benefits of Public Limited Company Registration in India?

Following are the benefits of Public Limited Company Registration in India: Limited Liability Protection: Private Limited Company Registration provides shareholders with limited liability, safeguarding their personal assets in case of company debts or liabilities. Capital Generation: PLCs can raise capital by issuing shares to the public, allowing them to gather funds for business expansion and investment opportunities. Credibility and Market Reputation: PLC status enhances the company’s reputation, instills investor confidence, and improves brand perception, leading to potential business growth and partnerships. Share Transferability: PLCs offer flexibility in buying and selling shares, making it easier to transfer ownership, attract investors, and facilitate liquidity in the stock market. Tax Advantages: PLCs often enjoy certain tax benefits and incentives, providing opportunities for long-term business planning and optimizing tax obligations. Access to Borrowing: PLCs have increased credibility, enabling them to secure loans and credit facilities from financial institutions for business expansion and development. Employee Incentives: PLCs can offer employees stock options and share ownership plans, fostering employee loyalty, and motivation, and aligning their interests with the company’s success. Prestige and Market Positioning: PLC status adds prestige, signaling a higher level of compliance, transparency, and corporate governance, attracting business partners and customers. Growth Potential: PLCs have the potential for rapid growth and expansion, attracting skilled professionals, accessing better resources, and engaging in strategic partnerships or mergers and acquisitions.


Aims of plcs?

PLCs (programmable logic controllers) automate electromechanical processes in factories (particularly automobile factories) and amusement rides.


Where are all the tokens on wimpy boardwalk?

plcs


Do all PLCs have to have power to operate?

Yes, all Programmable Logic Controllers (PLCs) require power to operate. PLCs rely on electrical energy to process inputs, execute programmed logic, and control outputs. Without a power supply, the PLC cannot function, making it essential for proper operation in industrial automation and control systems.


What are the Differences between public limited companies and public corporation (10) marks?

Public limited companies (PLCs) are entities that can sell shares to the public and have limited liability, meaning shareholders are not personally responsible for the company's debts beyond their investment. In contrast, public corporations are typically government-owned entities that operate in the public sector, providing services or goods without the primary aim of profit. PLCs are driven by profit motives and shareholder returns, while public corporations focus on fulfilling public needs and social objectives. Additionally, PLCs are governed by corporate law, whereas public corporations are subject to regulations specific to governmental entities.


What are the similarities and differences of public limited companies and co-operations?

Public limited companies (PLCs) and cooperatives both operate within the business sector but serve different purposes and structures. Similarities include their ability to raise capital from multiple investors and their governance involving member participation. However, PLCs are owned by shareholders who seek profit, and their shares are publicly traded, whereas cooperatives are owned and operated by members for mutual benefit, often prioritizing community and service over profit. Additionally, decision-making in cooperatives is typically democratic, with each member having an equal vote, contrasting with the shareholder-driven approach of PLCs.


Why would relays be used in place of PLCs?

na tum jano na hum


What is the difference between a charity and a PLC?

they have different objectives (plc - make profit, charity - help others)plcs owned by shareholders but charity's are owned by and controlled by trustees who volunteercharities dont have to pay business costshope those three were ok :)


Where to find software to program Allen bradley plcs?

Try the Allen Bradley website first?


List seven distinct advantages that plcs offer over the conventional relay control system?

ambut...