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it is a plc therefore it has unlimited liabilty, it's shareholders however, have limited liability.

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Q: Does tesco plc have limited or unlimited liability?
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Related questions

Why is Tesco a limited liability company?

It isn't. Tesco's is quoted on the Stock Exchange so is a PLC (Public Limited Company) not LLC.


What type of ownership does tesco have?

== Tesco's Ownership which is owned by several partners, Tesco is owned by thousands of people. This is because Tesco is a public limited company or Plc. The reason for Tesco being a Plc is because of its mammoth size. Due to its size it would be hard to raise enough funds for Tesco if it was owned by a sole trader or by partners whereas in a Plc (like Tesco) the company is owned by shareholders who fund the company. This happens by the people buying shares in the company and becoming shareholders. Sometimes this may seem more appealing to the people investing in a company as they have the luxury of having limited liability. Limited liability is where if the business goes bankrupt the people only lose whatever they invested in the business this is common with Plc's, Ltd's (Private limited company) Unlimited liability applies to soul traders and partnerships if one of these went bankrupt they could loose all their personal assets over it and the money they put into it.


Business plc's liability?

a plc has limited liability like an Ltd


Is Tesco a ltd company?

No, Tesco is a plc - a public limited company.


What type of ownership does tesco extra malaysia have?

plc public limited company


What is a PLC attorney?

A PLC attorney is an attorney with a limited liability professional corporation. The PLC will be assigned to all attorneys in the group.


What are the different types of organization?

unlimited liability: -sole trader -partnership Limited liability: -Ltd (private limited company) -Plc (public limited company)


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.


Is Tesco a plc?

Yes it is.


Is tesco plc?

Yes it is.


What do plc's do?

A PLC stands for Public Limited Company. A PLC is a company owned by shareholders, normally the business will be owned by two people minimum. PLC is also limited liability so this means shareholders are only responsibleFor the company's debts up to the value of their shareholding. Examples of PLC businesses are Tesco, marks spencer and Vodafone. A lot of big companies go for PLC because unlike a private limited, a PLC is able to advertise the sale of shares and sell them to the members of the general public though the stock exchange. Also in PLC the accounts are available to anyone and are usually large business. The sector would be private and the profit would go to the shareholders. A main Public limited company business that we would know is NatWest.


What plc can do?

A PLC stands for Public Limited Company. A PLC is a company owned by shareholders, normally the business will be owned by two people minimum. PLC is also limited liability so this means shareholders are only responsibleFor the company's debts up to the value of their shareholding. Examples of PLC businesses are Tesco, marks spencer and Vodafone. A lot of big companies go for PLC because unlike a private limited, a PLC is able to advertise the sale of shares and sell them to the members of the general public though the stock exchange. Also in PLC the accounts are available to anyone and are usually large business. The sector would be private and the profit would go to the shareholders. A main Public limited company business that we would know is NatWest.