Types of companies: Difference between revisions

1,965 bytes removed ,  18 March 2005
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'''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_
==[[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]]==
==[[Co-operative]]==
There are 100000 kinds of Co-cocks,  
There are 100000 kinds of Co-cocks,  
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| 0wn3d u n00bz
| 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
Anonymous user