Types_of_Companies in Business
Chia sẻ bởi Nguyễn Thúy Hà |
Ngày 02/05/2019 |
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Chia sẻ tài liệu: Types_of_Companies in Business thuộc Bài giảng khác
Nội dung tài liệu:
English for Industry and Business ©Ritva Ala-Louko
TYPES OF COMPANIES
Read the definitions of different types of companies. Then match the
Definitions with the terms in the box below.
_private limited company_
A joint-stock company that cannot offer shares to the public. The owners can only raise capital from family members, friends, banks and venture capital institutions.
2. _public limited company_ (plc.)
A successful, established company that is allowed to offer its shares for
Sale on the stock market.
3. _general partnership_
Each partner in the company is responsible for the company’s debts.
4. _limited partnership_ Ltd
A company where one or more general partners have unlimited liability
For the debts of the company, and silent partners only offer capital.
5. _sole trader_
The simplest form of business, a shop or a store owned by a single
Person.
TYPES OF COMPANIES
Read the definitions of different types of companies. Then match the
Definitions with the terms in the box below.
_private limited company_
A joint-stock company that cannot offer shares to the public. The owners can only raise capital from family members, friends, banks and venture capital institutions.
2. _public limited company_ (plc.)
A successful, established company that is allowed to offer its shares for
Sale on the stock market.
3. _general partnership_
Each partner in the company is responsible for the company’s debts.
4. _limited partnership_ Ltd
A company where one or more general partners have unlimited liability
For the debts of the company, and silent partners only offer capital.
5. _sole trader_
The simplest form of business, a shop or a store owned by a single
Person.
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