Which one of the following statements about public limited companies (plcs) is correct?
A) plcs must have an issued share capital of at least £5 million.
B) plcs must have at least ten directors.
C) A plc must describe itself as such in its Memorandum of Association.
D) 'Public limited company' is the legal term used to describe a company listed on the Stock Exchange.
Correct Answer:
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