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True or false: a limited company must have share capital
Increased reporting obligations and costs associated with operating
Salvation Army
Shares available for the public to buy
Perpetual succession
When two or more people join to start up a business
True
A business owned by one person
False - a company can be limited by guarantee
What is public company?
Increased reporting obligations and costs associated with operating
Salvation Army
Shares available for the public to buy
Perpetual succession
When two or more people join to start up a business
True
A business owned by one person
False - a company can be limited by guarantee
What is the advantage of a company as a type of bus ownership?
Increased reporting obligations and costs associated with operating
Salvation Army
Shares available for the public to buy
Perpetual succession
When two or more people join to start up a business
True
A business owned by one person
False - a company can be limited by guarantee
An example of a non for profit organisation is:
Increased reporting obligations and costs associated with operating
Salvation Army
Shares available for the public to buy
Perpetual succession
When two or more people join to start up a business
True
A business owned by one person
False - a company can be limited by guarantee
A soletrader is
Increased reporting obligations and costs associated with operating
Salvation Army
Shares available for the public to buy
Perpetual succession
When two or more people join to start up a business
True
A business owned by one person
False - a company can be limited by guarantee
A partnership is
Increased reporting obligations and costs associated with operating
Salvation Army
Shares available for the public to buy
Perpetual succession
When two or more people join to start up a business
True
A business owned by one person
False - a company can be limited by guarantee
Proprietary companies are classified into small and large
Increased reporting obligations and costs associated with operating
Salvation Army
Shares available for the public to buy
Perpetual succession
When two or more people join to start up a business
True
A business owned by one person
False - a company can be limited by guarantee
What is the disadvantage of a company as a type of bus ownership?
Increased reporting obligations and costs associated with operating
Salvation Army
Shares available for the public to buy
Perpetual succession
When two or more people join to start up a business
True
A business owned by one person
False - a company can be limited by guarantee
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