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Private and Public Limited Companies Flashcards | StudBud
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Private and Public Limited Companies
Private and Public Limited Companies
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quiz about details on Private and Public Limited Companies
Flashcards
40 cards
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Questions
40
Answers
1
can private limited companies sell their shares to the public?
No
Sometimes
Yes
2
Do Private Limited Company Shareholders have Limited Liability?
Yes
Sometimes
No
3
What does CRO stand for?
Companies Research Office
Company Registration Office
Companies Registration Office
Companies Regulation Office
4
Supermacs is a Franchise?
no
yes
5
Raising finance is easy or sole traders?
Yes
No
6
Ryanair is a state owned company...
no
yes
7
Can a Private Limited Company have Employees?
Yes
No
8
What are the Articles of Association?
they out the external rules of the company
they have nothing to do with Private Limited Companies
Articles about the companies stock
they set out the internal rules of the company
9
How many shareholders can a Private limited company have
1
1-50
1 - 20
1-40
10
is a Private Limited Company harder to set up than a Sole trader?
Yes
No
11
Do PLC's have to have an AGM?
NO
Up to the Company
YES
12
Which of these companies is not a PLC?
Nike
River Island
Google
Facebook
13
Facebook is a Public Limited Company.....
Yes
No
14
What is a shareholder?
Someone who owns part of the company
Someone who likes the company
Someone who is interested in the company
15
Aer lingus was what in 2006?
Privatised
Publicised
Bought
16
The Irish Times is a Indigenous firm?
No
Yes
17
An AGM is ?
Annual General Meeting
Annual General Market
Annual General Marketing
Annually General Meeting
18
A business enterprise can't change its organisational structure?
No it can't change
Yes it can change
19
Telsa and BMW are example of companies with a Business Alliance
Yes
No
20
How many shareholders does a Public Limited Company have?
100
Unlimited
149
50
21
What does a State Owned company mean?
owned and financed by global companies
owned and financed by the state
owned and financed by the people
owned and financed by the tax payer
22
The Memorandum of Association is?
the conditions upon which the company is allowed to operate
Doesn't Matter
the rules that the company can break
tells the public about the shareholders
23
What is Capital?
Money invested in the business
Money made by the business
Money taken out of the business
Money spent for the business
24
How much is corporation tax?
12.5%
12%
13%
11.5%
25
What letters go at the end of a private limited company?
Private
FC
LTD or TEO
Limited
26
What is capital?
Money
People
Resources
Assets
27
Members enjoy limited liability if they are part of a Co-op?
Yes
No
28
What letters do a public company have after its name?
TEO
PLC
CEO
LTD
29
An post is a public limited company...
yes
no
30
Can Shares on the stock exchange go up and down?
YES
NO
31
Form A1 is ....
goals of the company
rules of the company
Give details of the company name and its office
what the company does
32
So sole traders have to publish accounts?
No
Yes
Up to them
33
What is the Stock Market?
A place where companies meet
A place where you can buy shares off a PLC
A place where go for stock taking
A place where you can buy shares off a LTD
34
A partnership can have one person....
No
Yes
35
Do private limited companies have to share their accounts to the public?
Sometimes
Yes
No
36
What are Indigenous firms?
setup in ireland and owned and managed by the businesses
setup in ireland and owned and managed by the government
setup in ireland and owned and managed by the people
setup in ireland and owned and managed by the banks
37
A Co-Op is owned by its members?
True
False
38
What is an AGM?
Annual General Meal
Annual General Memorandum
Annual General Mission
Annual General Meeting
39
Can the Shareholders of a Private Limited Company sell their shares to the public?
Sometimes
Yes
No
40
Do PLC's have to publish their annual account?
NO
YES
UP to the company