Teacher:In this task you will be given a passage and a yes/no question based on the passage. You should answer the question using the information from the passage.
Teacher: Now, understand the problem? Solve this instance: passage: A public limited company (legally abbreviated to plc) is a type of public company under the United Kingdom company law, some Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a plc may also be privately held, often by another plc), with a minimum share capital of 50,000 and usually with the letters PLC after its name. Similar companies in the United States are called publicly traded companies. Public limited companies will also have a separate legal identity.
question: is a plc the same as a limited company?
Student:
Yes