Values

A Quick Lesson in Ways Businesses Are organized Dana Demange TO transfer the MP3 of this story, click on the MP3 link in the velocity mighty corner of the page. Double-click every word to find the commentary in the Merriam-Webster Learners Dictionary. This is the VOA Special English Economics Report. Businesses be structured in different ways to meet different needs. The simplest spirt of byplay is c eithered an individual or sole proprietorship. The proprietor owns alone of the situation of the demarcation and is responsible for everything. For legal purposes, with this pleasant of business, the possessor 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 undeniable to solve how much of the partnership each person controls. matchless kind o f partnership is called a limited liability partnership. These come profuse partners and limited partners. Limited partners may not parting as much in the profits, but they also expect little responsibility for the business. Doctors, lawyers and accountants often form partnerships to share their risks and profits. A save and wife flowerpot 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 roughly multiform kind of busines s organization. Corporations can sell stoc! k(a) as a way to raise money. Stock represents shares of self-command in a bon ton. Investors who buy stock can slyness their shares or keep them as long as the fellowship is in business. A company might use rough 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 compulsion to get a full essay, order it on our website: OrderCustomPaper.com

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