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Business Studies > Private Limited Company(LTD) > Flashcards

Private Limited Company(LTD) Flashcards

1
Q

Who owns the company in a private limited company (LTD) business

A

Shareholders

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2
Q

Number of owners in a private limited company (LTD) business

A

2-50 owners

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3
Q

Who controls the business in a private limited company (LTD) business

A

The board of Directors

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4
Q

Who finances the business in a private limited company (LTD) business

A

Shareholders

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5
Q

What liability is there in a private limited company (LTD) business

A

Limited

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6
Q

Who keeps the profit in a private limited company (LTD) business

A

Shareholders

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7
Q

How is the business established in a private limited company (LTD) business

A

Register

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8
Q

What happens when the owner dies in a private limited company (LTD) business

A

Company continues

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Business Studies (8 decks)

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