Which of the following is an advantage of being a Public Limited Company (Plc)?

Being a Public Limited Company (Plc) provides the significant advantage of having a greater source of finance. This is primarily due to the ability of a Plc to sell shares to the public through a stock exchange. When a company goes public, it can attract a vast number of investors, which boosts its capital base considerably.

This expanded access to finance allows a Plc to fund new projects, expand operations, acquire assets, or even reduce existing debt. The public offering also tends to increase the company's profile, potentially leading to more business opportunities and partnerships. In contrast, private companies usually have limited access to funds as they cannot sell shares to the public, which constrains their ability to grow.

The other options focus on aspects that do not align with the typical characteristics of a Plc. For example, control over business decisions is generally more limited in a Plc because shareholders may influence major decisions through their voting rights. Limited liability for partners is not specific to Plcs, as it applies to incorporated companies in general. Lastly, being a Plc often comes with increased regulatory scrutiny instead of less, as these companies must adhere to stricter reporting and compliance requirements to protect shareholders and investors.