A public limited liability company can be enter into contracts because it?

A public limited liability company is a legal entity and has a separate legal identity from its shareholders. This means that it can enter into contracts, sue and be sued in its own name. The liability of the shareholders is limited to the amount of their investment in the company, and the company can raise funds through the sale of shares or by taking out debentures. Therefore, the ability to enter into contracts is not dependent on the number of employees or shareholders, but rather on the legal status of the company.