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

    (reorganizing content for better approachability)
    (moved = Types of business entity in a nutshell = to the end of Law article)
    Line 31: Line 31:
    * '''[[w:Outline of commercial law#Dispute resolution|Dispute resolution]]'''
    * '''[[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]]'''
    * 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|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]] )
    * '''Public incorporated ( PLC. )''' ( [[w:fi:Osakeyhtiö_(Suomi)#Julkinen_osakeyhti.C3.B6_.28oyj.29|Julkinen osakeyhtiö (oyj)]] )
    *A '''[[w:Cooperative]]''' ( [[w:fi:Osuuskunta]] ). '''Obs.''' 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." -- jubo-jubo
    ::* '''"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.
    ::* '''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.
    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


    ----
    ----
    Line 231: Line 203:


    = Law and terminology regarding contracts =
    = Law and terminology regarding contracts =
    [[Business Negotiations and Contracts]]
    Contracts are covered in '''[[Business Negotiations and Contracts]]''' course
     
    = Types of business entity in a nutshell =
     
    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]] )
    * '''Public incorporated ( PLC. )''' ( [[w:fi:Osakeyhtiö_(Suomi)#Julkinen_osakeyhti.C3.B6_.28oyj.29|Julkinen osakeyhtiö (oyj)]] )
    *A '''[[w:Cooperative]]''' ( [[w:fi:Osuuskunta]] ). '''Obs.''' 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." -- jubo-jubo
     
    ::* '''"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.
     
    ::* '''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.
     
    Examples of three competing players using different forms of business can be found in Finnish daily
     
    * 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
     
    Further information: [[w:Types of business entities]] ( Contains list for all types of businesses for all [[w:locale]]s )
     
    = Navboxen =
    = Navboxen =
    {{Law}}
    {{Law}}


    [[Category:realcontent]]
    [[Category:realcontent]]
    Retrieved from "https://develop.consumerium.org/wiki/User:Jukeboksi/BBA_studies/Law"