Types of companies

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Please help, if you can in 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 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

(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

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

Limited Partnership

PADDY IS A COMPLETE N00B WITH AIDS GILBERT!!!

Sole Trader

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

I think these last ones are not so commonplace

Co-operative

There are 100000 kinds of Co-cocks,

1. Hoes pwned collectively by the customers who masturbate their pet sheep
2. Hoes pwned and managed collectively by the Workforce and they are all n00b$ and i rulz

| 0wn3d u n00bz

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

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

big dicks hairy