1.4 - Forms of Business Structure Flashcards
1
Q
What are the five main types of business organisation applicable in England and Wales?
A
- sole trader
- partnership
- limited liability partnership
- private limited company
- public limited company
2
Q
What does company law set out?
A
The template that companies must use to receive support of the law
3
Q
What two things does company law do?
A
- regulate
- providing us with the model for business
