Limited Companies And Multinationals Flashcards
1
Q
Limited companies
A
Business organisations that have a separate legal identity from their owners
2
Q
Private limited company LTD
A
A type of privately held small business entity in which owner liability is limited to their shares.
3
Q
Public limited company PLC
A
The legal designation of a limited liability company which has offered shares to the general public and has limited liability
4
Q
Liability
A
Amount of money invested in the business
5
Q
Articles of association
A
Internal running of the company
6
Q
Memorandum of association
A
Gives details about the company
