Scribd Logo
Upload

Welcome to Scribd!

  • Business Organization

    Uploaded by

    api-295360018
    4K views1 page
    This document outlines different types of business organizations including sole trader, partnership, private limited company, and public limited company. It compares the key aspects of ownership, risk, and limited liability for each type. A sole trader has one owner who bears all risk, while partnerships have several partners who all bear risk. Private and public limited companies separate ownership from management, with shareholders bearing risk up to their investment and having limited liability.

    Original Description:

    Original Title

    business organization

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document outlines different types of business organizations including sole trader, partnership, private limited company, and public limited company. It compares the key aspects of ownership, risk, and limited liability for each type. A sole trader has one owner who bears all risk, while partnerships have several partners who all bear risk. Private and public limited companies separate ownership from management, with shareholders bearing risk up to their investment and having limited liability.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    4K views1 page

    Business Organization

    Uploaded by

    api-295360018
    This document outlines different types of business organizations including sole trader, partnership, private limited company, and public limited company. It compares the key aspects of ownership, risk, and limited liability for each type. A sole trader has one owner who bears all risk, while partnerships have several partners who all bear risk. Private and public limited companies separate ownership from management, with shareholders bearing risk up to their investment and having limited liability.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Business

    organization

    Sole Trader
    Partnership
    Private Limited
    Company
    Public Limited
    Company

    Risk

    Carried by sole
    owner
    Carried by all
    partners
    Shareholders up to
    their original
    investment
    Shareholders up to
    their original
    investment

    Ownership

    One person

    Limit
    ed
    liabili
    ty
    No

    Several partners

    No

    Shareholders may be few


    or many but shares cannot
    be sold to the public.
    Shareholders many (may
    be milions!)

    Yes

    Yes

    You might also like