Types of companies: Difference between revisions

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    <tt>[[DISCLAIMER]] Consumerium does not offer legal advice so we take no responsibilty of any errors in this page nor the damage those errors might cause you or your loved ones so sue someone else if you really must [[DISCLAIMER]]</tt>
    '''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

    Revision as of 10:16, 18 March 2005

    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