Types of companies: Difference between revisions

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    ==[[Co-operative]]==
    <tt>[[DISCLAIMER]] Consumerium does not offer legal advice so we take no responsibilty of any errors in this page nor the damage those errors might cause you or your loved ones so sue someone else if you really must [[DISCLAIMER]]</tt>
    There are 100000 kinds of Co-cocks,
     
    #Hoes pwned collectively by the customers who masturbate their pet sheep
    '''THIS ARTICLE HAS BEEN WIKIPEDIAFIED FOR THE GREATER GOOD OF THE GFDL PART OF THE WORLD. See [[w:Types of business entity]] for what grew of this wikipediafication.'''
    #Hoes pwned and managed collectively by the Workforce and they are all n00b$ and i rulz
     
    '''Please help, if you can in [[wiktionary:Appendix:Types_of_companies|translation work]] of these types of companies'''
     
    ==[[Public Limited Liability Company]] or [[PLC]]==
    (also [[Inc]] in US_en)
    *Publicly tradeable shares
    *The owners are _not_ liable for legal actions and debts the company may face
    *Managed by a [[CEO]] elected by a [[Board of Directors]] (Board) which in turn is elected by the [[share holder]]s in scheduled [[share holder meeting|meetings]].
    *Extra share holder meetings can usually be called up if enough share holders deem it necessary for some reason
    *Usually listed in one or many [[w:Stock exchange]]s
    *Rules of stock exchanges define some minimums to capital, cash flow and market value for PLCs to be viable for trading
     
    ==[[Limited Liability Company]] or [[LLC]]==
    (also [[LTD]] in UK_en and [[Inc]] in US-en)
    *Non-publicly tradeable shares
    *The owners are _not_ liable for legal actions and debts  the company may face
    *Managed by a [[CEO]] elected by a [[Board of Directors]] (Board) which in turn is elected by the [[share holder]]s in scheduled [[share holder meeting|meetings]].
    *Extra share holder meetings can usually be called up if enough share holders deem it necessary for some reason
     
    ==[[Genral Partnership]]==
    *Formed by two or more persons
    *The owners are all liable for legal actions and debts the company may face  _personally_


    | 0wn3d u n00bz
    ==[[Limited Partnership]]==
    *Like a General Partnership exept for the fact that there is/are so called '''silent partners''' who just invest capital into the business and are not liable for legal actions and debts the company may face


    ==[[Sole Trader]]==
    *A sole trader is liable for legal actions and debts personally


    my bellend is raw it got stuck in a door it got glued to a floor, it got slamed in a draw, it got raped by a whore, it got scratched by a cats paw it had aids that my nan saw.
    I think these last ones are not so commonplace


    ==[[Co-operative]]==
    There are two kinds of Co-operatives,
    #those owned collectively by the customers
    #those owned and managed collectively by the Workforce


    OMG^^^^^pr0 :p
    ==[[Limited Liability Partnership]]== (In UK at least, very new)
    *You'll have to see the UK law books about this one


    this is gona get sum random shit......rape my chicken...corrrrr
    [[Category:Wikipediafied]]
    MEAT

    Latest revision as of 11:41, 12 June 2012

    DISCLAIMER Consumerium does not offer legal advice so we take no responsibilty of any errors in this page nor the damage those errors might cause you or your loved ones so sue someone else if you really must DISCLAIMER

    THIS ARTICLE HAS BEEN WIKIPEDIAFIED FOR THE GREATER GOOD OF THE GFDL PART OF THE WORLD. See w:Types of business entity for what grew of this wikipediafication.

    Please help, if you can in translation work of these types of companies

    Public Limited Liability Company or PLC[edit | edit source]

    (also Inc in US_en) 
    
    • Publicly tradeable shares
    • The owners are _not_ liable for legal actions and debts the company may face
    • Managed by a CEO elected by a Board of Directors (Board) which in turn is elected by the share holders in scheduled meetings.
    • Extra share holder meetings can usually be called up if enough share holders deem it necessary for some reason
    • Usually listed in one or many w:Stock exchanges
    • Rules of stock exchanges define some minimums to capital, cash flow and market value for PLCs to be viable for trading

    Limited Liability Company or LLC[edit | edit source]

    (also LTD in UK_en and Inc in US-en)
    
    • Non-publicly tradeable shares
    • The owners are _not_ liable for legal actions and debts the company may face
    • Managed by a CEO elected by a Board of Directors (Board) which in turn is elected by the share holders in scheduled meetings.
    • Extra share holder meetings can usually be called up if enough share holders deem it necessary for some reason

    Genral Partnership[edit | edit source]

    • Formed by two or more persons
    • The owners are all liable for legal actions and debts the company may face _personally_

    Limited Partnership[edit | edit source]

    • Like a General Partnership exept for the fact that there is/are so called silent partners who just invest capital into the business and are not liable for legal actions and debts the company may face

    Sole Trader[edit | edit source]

    • A sole trader is liable for legal actions and debts personally

    I think these last ones are not so commonplace

    Co-operative[edit | edit source]

    There are two kinds of Co-operatives,

    1. those owned collectively by the customers
    2. those owned and managed collectively by the Workforce

    ==Limited Liability Partnership== (In UK at least, very new)

    • You'll have to see the UK law books about this one