Are limited companies unincorporated or incorporated?
Incorporated
Unincorporated
Limited companies can have shareholders.
What is the name for the profit that is paid to shareholders?
Capital
Dividend
Tax
entrepreneur
Private limited companies tend to be small or medium-sized. Which is the correct feature of private limited companies?
Shares in private limited companies cannot be traded or the stock market.
shares can be advertised for sale.
Financial information does not have to be made public.
Even though Private limited companies tend to be small, there are many advantages. Pick one.
control cannot be lost to outsiders.
Profits are shared between more owners.
The business name ends in Ltd.
Shareholders have limited liability.
What is a joint venture?
Where a business allows another operator to trade under their name.
Where two or more companies share the cost, responsibility and profits of a business venture. Most joint ventures involve 2 firms and the costs and profits are shared equally.
Where countries can trade and sell freely across their borders.
A stock market is a market for shares in plcs.
Public limited companies tend to be larger that private limited companies. What are some disadvantages of a public limited company? name 2.
Large amounts of capital can be raised.
May be more remote to customers.
More financial information has to be made public.
Setting up costs can be cheap.
flotation is the process of a company 'going public'.
public companies have stocks on the market.
