Tag Archives: #OwnershipRights

What is company limited by shares?

What is company limited by shares A company limited by shares is a type of company structure in which the shareholders’ liability has limited to the amount of money they have invested in the company. This means that the shareholders are not personally liable for any debts or liabilities incurred by the company beyond their… Read More »

What is a general partnership?

General partnership A general partnership is a business structure where two or more individuals agree to jointly own and manage a business. Each partner contributes to the business by sharing in its profits and losses, participating in decision-making, and contributing to day-to-day operations. In a gen. partnership, all partners assume unlimited personal liability for the… Read More »

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