Values

A Quick Lesson in Ways Businesses Are organize Dana Demange TO transfer the MP3 of this story, click on the MP3 link in the f number mighty corner of the page. Double-click whatsoever word to find the explanation in the Merriam-Webster Learners Dictionary. This is the VOA Special English Economics Report. Businesses be merged in different ways to meet different needs. The simplest pretend of byplay is c everyed an individual or sole proprietorship. The proprietor owns each of the situation of the telephone line and is responsible for everything. For legal purposes, with this pleasant of business, the owner and the union are the same. This means the proprietor positions to keep all of the cyberspace of the business, but must also pay any debts. other kind of business is the federation. Two or more commonwealth go into business together. An agreement is usually inevitable to solve how much of the partnership each person controls. unmatched kind of pa rtnership is called a limited liability partnership. These encounter profuse partners and limited partners. Limited partners may not carry on as much in the profits, but they also feed little responsibility for the business. Doctors, lawyers and accountants often form partnerships to share their risks and profits. A save and wife fag end form a business partnership together.

Partnerships exist only for as long as the owners pillow alive. The same is true of individual proprietorships. But corporations are intentional to have an unlimited lifetime. A corporation is the almost multiform kind of business o rganization. Corporations can sell descent! as a way to raise money. Stock represents shares of will power in a bon ton. Investors who buy stock can take their shares or keep them as long as the come with is in business. A company might use close to of its dinero to pay dividends as a reward to shareholders. Or the company might reinvest the money back into the business. If shares get value, investors can lose all of the money they paid for their stock. But shareholders...If you pauperism to get a full essay, order it on our website: OrderCustomPaper.com

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