Company types
What is the name of a company owned by 1 person?
Sole trader / Sole proprietor
Biggest liability of a sole trader?
Unlimited liability
What is an IPO?
Initial Public Offering
What company sells shares between friends and family?
Private limited company
What is the biggest advantage of a sole trader?
100% profit
What is the most common business type?
Sole trader / proprietor
What type of company are you after an IPO?
Public limited company
What is the biggest disadvantage of partnerships?
Shared liability
What is the city of the largest stock exchange in the world?
New york city
What type of company is Ben and Jerry´s?
Public limited company
What is the biggest difference between Public and Private limited companies?
Public are part of stock market but private the shares are divided between partners and friends.
How many people are in an ordinary partnership?
2-20