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About L3 Exam. M. S. Maliki Investing in A Limited Company: A. Answer The Following Questions (5pts)
This document discusses different types of business ownership structures and their characteristics. It describes private and public limited companies, and explains how shares in these companies can be bought and sold. It also discusses what happens when a limited company fails versus an unlimited business like a sole proprietorship or partnership. Shareholders of a limited company are only liable up to the value of their shares, while owners of an unlimited business risk personal bankruptcy and having to sell private possessions to pay debts if the business fails.
Detailed Information
| Author: | ['Aimad Boustta'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 2 |
| Language: | English |
| Format: | |
| Price: | FREE |
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