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

    (starting to add Finnish terms from excellent book Access to Finnish Law by Aapo Surakka and Wikipedia, OneLook.com and other sources if necessary)
    (→‎Types of business entity in a nutshell: various improvements and adding translations into Finnish to all terms in this chunk)
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    == Types of business entity in a nutshell ==
    == Types of business entity in a nutshell ==


    A [[w:business]] ( [[w:fi:yritys]] )may be one of the following:  
    A '''[[w:business|business]]''' ( [[w:fi:yritys]] )may be one of the following:  
    * private incorporated ( Inc. LLC. Ltd. ) [[w:fi:Osakeyhtiö_(Suomi)#Yksityinen_osakeyhti.C3.B6_.28oy.29|Yksityinen osakeyhtiö, Oy]]
    * '''Private incorporated ( Inc. LLC. Ltd. )''' [[w:fi:Osakeyhtiö_(Suomi)#Yksityinen_osakeyhti.C3.B6_.28oy.29|Yksityinen osakeyhtiö, Oy]] )
    * public incorporated ( PLC. ) ( [[w:fi:Osakeyhtiö_(Suomi)#Julkinen_osakeyhti.C3.B6_.28oyj.29|Julkinen osakeyhtiö (oyj)]]
    * '''Public incorporated ( PLC. )''' ( [[w:fi:Osakeyhtiö_(Suomi)#Julkinen_osakeyhti.C3.B6_.28oyj.29|Julkinen osakeyhtiö (oyj)]] )
    * 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]] ). '''Obs.''' there are cooperatives owned by their workers __and__ cooperatives owned by their customers.
    * A [[w:Cooperative]] ( [[w:fi:Osuuskunta]] ) , there are cooperatives owned by their workers and cooperatives owned by their customers.
    * A "person" company such as  
    ::**A '''[[w:Sole proprietorship]]''' ( also known as the [[w:Sole trader]] ) ( [[w:fi:Toiminimi]] )
    ::**A '''[[w:General partnership]]''' ( [[w:fi:Avoin yhtiö]] )
    ::**A '''[[w:Limited partnership]]''' ( [[w:fi:Kommandiittiyhtiö]] )


    '''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
    "All companies are businesses, but not all businesses are companies." -- jubo-jubo
    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.
    ::* '''"Incorporated"''' means it forms a '''[[w:legal personality]]''' ( [[w:fi:oikeushenkilö]] ) of its own and
    :::the owners are <u>'''never liable'''</u> for it's liabilities.


    :Further information: [[w:Types of business entities]] ( Contains list for all types of businesses for all [[w:locale]]s )
    ::* '''Non-incorporated''' ( [[w:fi:henkilöyhtiö]] ) there is at least one person who has <u>'''personal liability'''</u> for the liabilities of the business. The [[w:silent partner]] ( hiljainen yhtiömies ) in a limited partnership does not have liability for the businesses liabilities.


    ::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.
    Further information: [[w:Types of business entities]] ( Contains list for all types of businesses for all [[w:locale]]s )
     
    ===Examples of three competing players using different forms of business ===
     
    * The S-group customer owned cooperative
    * the K-Group is a PLC ( Kesko Oyj ) with Ltd's owned by the merchants.
    * Parent company of [[w:Lidl]] is a [[w:Stiftung]] ( [[w:fi:Säätiö]] ) and Lidl Suomi is a limited partnership


    == Resources ==
    == Resources ==
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