User:Jukeboksi/BBA studies/Law: Difference between revisions

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* '''[[w:Outline of commercial law#Dispute resolution|Dispute resolution]]'''

* not to forget '''[[w:Outline of commercial law#General commercial law concepts|General commercial law concepts]]'''

=== Types of business entity in a nutshell ===

A [[w:business]] may be one of the following:

* private incorporated ( Inc. LLC. Ltd. )

* public incorporated ( PLC. )

* A "person" company such as a [[w:Sole proprietorship]] ( also known as the [[w:Sole trader]], [[w:fi:Toiminimi]] ), [[w:General partnership]] ( [[w:fi:Avoin yhtiö]] ) or [[w:Limited partnership]] ( [[w:fi:Kommandiittiyhtiö]] )

* A [[w:Cooperative]] ( [[w:fi:Osuuskunta]] ) , there are cooperatives owned by their workers and cooperatives owned by their customers.

'''All companies are businesses, but not all businesses are companies.'''

:"Incorporated" means it forms a [[w:legal personality]] ( [[w:fi:oikeushenkilö]] ) of it's own and

the owners are never liable for it's liabilities.

:In a non-incorporated ( [[w:fi:henkilöyhtiö]] ) there is at least one person who has personal liability for the liabilities of the business. The [[w:silent partner]] ( hiljainen yhtiömies ) in a limited partnership does not have liability for the businesses liabilities.

:Further information: [[w:Types of business entities]] ( Contains list for all types of businesses for all [[w:locale]]s )

::Parent company of [[w:Lidl]] is a Stiftung and Lidl Suomi is a limited partnership and the other players, the S-group customer owned cooperative and the K-Group is a PLC ( Kesko Oyj ) with Ltd's owned by the merchant.

=== Resources ===