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1.They have a separate legal existence from their owners.

2.They are owned by shareholders.

3.The owners have limited liability.

4.They have PLC after their names.

5.Shares can be traded on a stock exchange.

6.The directors must report on the progress of the company to the shareholders at an AGM (annual general meeting)

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Q: What are the main features of a public limited company?
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What are the main features of limited company?

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