A Quick Lesson in Ways Businesses Are make Dana Demange TO transfer the MP3 of this story, click on the MP3 link in the focal ratio mighty corner of the page. Double-click whatever word to find the translation in the Merriam-Webster Learners Dictionary. This is the VOA Special English Economics Report. Businesses argon merged in different ways to meet different needs. The simplest work on of byplay is c eached an individual or sole proprietorship. The proprietor owns either of the situation of the melodic 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 than commonwealth go into business together. An agreement is usually needful to solve how much of the partnership each person controls. unmatchable kind of partnership is called a limited liability partnership. These work profuse partners and limited partners. Limited partners may not trade wind as much in the profits, but they also turn out little responsibility for the business. Doctors, lawyers and accountants often form partnerships to share their risks and profits. A save and wife backside 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 about multiform kind of busine ss organization. Corporations can sell bre! ed as a way to raise money. Stock represents shares of self-possession in a bon ton. Investors who buy stock can trade their shares or keep them as long as the fellowship is in business. A company might use roughly 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 motivation to get a full essay, order it on our website: OrderCustomPaper.com
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