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A Public Limited Company (PLC) has limited liability, it also has the advantage of being able to raise capital through the issuing of shares to the general public whereas a Ltd can only sell shares to people who are known by the others. WHilst it is an advantage for the Plc to raise capital by this method they do lose some control of the company because shares can be bought by members of the public and other big institutions. A Plc must publish their accounts…


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