Chapter 4 (Forms of entreprise)

Question 1

types of companies

Answer 1

1. Sole proprietorship
2. Partnership
3. Closed Corporation
4. Personal liability Company
5. Private Company
6. Public Company

Question 2

Considerations when choosing a company

Answer 2

1. Legal personality
2. Limited Liability
3. Procedures of establishment
4. Parties involved
5. Attaining capital
6. Regulation and cost of compliance
7. Costs and Taxation