Give ONE example of a company that is allowed to sell shares to the public
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An example of company that is allowed to sell shares to the public will be Reliance in India.
- A 'Public Limited Company' also called PLC for short is legally allowed to sell its shares to the public. This is usually done in a local Stock Market Exchange.
- This is in contrast to a private limited company that does not have the legal authority to sell its shares to the public.
- By becoming a Public Limited Company, you have to follow strict rules and regulations set by governments to ensure there is transparency and no fraud.
- An example of a Public Limited Company is Reliance in India or Apple in United States.
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Explanation:
Reliance is the right answer
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