Question Tag: Public Limited Company

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BL – May 2023 – L1 – SB – Q1B – Company Law

Identify and explain similarities between a limited liability partnership and a public limited company.

Under the Companies and Allied Matters Act, 2020, partnerships and companies are business organizations which have distinct features.

Required:
Explain briefly THREE similar features of a limited liability partnership and a public limited company.

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BMIS – Mar 2023 – L1 – Q1a – The business organisation and its stakeholders

Explains four benefits for a partnership converting to a Public Limited Liability Company.

Asante, Oforiwaa, and Obrafour, who are well known to you and have been operating a Partnership for many years, have approached you for advice regarding their decision to convert it into a Public Limited Liability Company.

Required:
Explain FOUR (4) benefits that will be enjoyed by members of the Partnership should they convert it into a Public Limited Liability Company.

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BMIS – Nov 2020 – L1 – Q1a – The business organisation and its stakeholders

Explains the advantages of converting to a public limited company, corporate social responsibility, and examples of socially responsible projects.

Mr. Steve Ansah and his wife Betty, who have successfully operated SteveBetty Co. Ltd, a Private Limited Liability Company, over the last several years, are considering converting it into a Public Limited Liability Company and have approached you as a Corporate Planning Analyst for your advice.

i) Explain to them THREE (3) advantages associated with converting to a Public Limited Liability Company.
(6 marks)

ii) Explain Corporate Social Responsibility to the management of SteveBetty Co. Ltd.
(2 marks)

iii) State TWO (2) examples of socially responsible projects that SteveBetty Co. Ltd can engage in.
(2 marks)

 

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BL – May 2023 – L1 – SB – Q1B – Company Law

Identify and explain similarities between a limited liability partnership and a public limited company.

Under the Companies and Allied Matters Act, 2020, partnerships and companies are business organizations which have distinct features.

Required:
Explain briefly THREE similar features of a limited liability partnership and a public limited company.

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "BL – May 2023 – L1 – SB – Q1B – Company Law"

BMIS – Mar 2023 – L1 – Q1a – The business organisation and its stakeholders

Explains four benefits for a partnership converting to a Public Limited Liability Company.

Asante, Oforiwaa, and Obrafour, who are well known to you and have been operating a Partnership for many years, have approached you for advice regarding their decision to convert it into a Public Limited Liability Company.

Required:
Explain FOUR (4) benefits that will be enjoyed by members of the Partnership should they convert it into a Public Limited Liability Company.

Login or create a free account to see answers

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Report an error

You're reporting an error for "BMIS – Mar 2023 – L1 – Q1a – The business organisation and its stakeholders"

BMIS – Nov 2020 – L1 – Q1a – The business organisation and its stakeholders

Explains the advantages of converting to a public limited company, corporate social responsibility, and examples of socially responsible projects.

Mr. Steve Ansah and his wife Betty, who have successfully operated SteveBetty Co. Ltd, a Private Limited Liability Company, over the last several years, are considering converting it into a Public Limited Liability Company and have approached you as a Corporate Planning Analyst for your advice.

i) Explain to them THREE (3) advantages associated with converting to a Public Limited Liability Company.
(6 marks)

ii) Explain Corporate Social Responsibility to the management of SteveBetty Co. Ltd.
(2 marks)

iii) State TWO (2) examples of socially responsible projects that SteveBetty Co. Ltd can engage in.
(2 marks)

 

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You're reporting an error for "BMIS – Nov 2020 – L1 – Q1a – The business organisation and its stakeholders"

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