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Explain five benefit that a private limited company would get by converting to a public limited company

      

Explain five benefit that a private limited company would get by converting to a public limited company

  

Answers


Bonface
i)Benefit of limited liability that is, the company will not lose its private assets when settling its debts

ii)The company will Increase its capital as compared to private limited company

iii)There will be continuity of public limited company even after the death of a member

iv)There is benefit of Economies of scale e.g. large discounts

v)Shareholders can freely sell their shares without consultation

Biokenya answered the question on December 4, 2017 at 20:40


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