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O-LevelCommerceBusiness enterprise7100/12 · Oct/Nov 2012 · Q371 Mark

JK (Pvt) Ltd is a successful company. Why would the owners decide to turn JK (Pvt) Ltd into a public limited company?

Ato avoid publication of its financial affairs
Bto enjoy the benefits of limited liability
Cto have better control of the company's affairs
Dto obtain more capital for expansion

✓ Correct answer

D: to obtain more capital for expansion

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About this question

Topic
Business enterprise, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2012 Paper 1 Variant 2, question 37.

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