Private sector firms

Question 1

what are there for different private sector firms?

Answer 1

unincorporated/Incorporated

Question 2

Unincorporated?

Answer 2

sole traders/sole proprietor + partnerships

Question 3

memoramdum/articles of association

Answer 3

maximum value of its shares/internal rules

Question 4

incorporated companies?

Answer 4

1. private limited: * Shares can only be sold with
   the consent of the other shareholders. Often, owners are involved in running the business, e.g. as directors.
2. public limited: Shares in public limited companies may be freely
   bought and sold by the general public.
   * Owners of plcs are rarely
   involved in running the business