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N5 Bus Man > Types of Organisations > Flashcards

Types of Organisations Flashcards

1
Q

Which organisation type has one owner?

A

Sole Trader

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2
Q

Which organisation has between 2-20 owners?

A

Partnership

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3
Q

Which type of organisation is owned by shareholders?

A

Company

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4
Q

Which types of organisation has unlimited liability.

A

Sole Trader

Partnership

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5
Q

Which organisation type has limited liability

A

Company

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6
Q

Which organisation type has to let anyone who is interested view their financial information?

A

Company

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7
Q

A company has to submit which 2 documents of the Registrar of Companies?

A

Memorandum of Association

Articles of Association

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8
Q

The Registrar of Companies if they are happy to allow a company to begin trading issues?

A

A Certificate of Incorporation

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9
Q

Which type of company can you buy shares for on the stock exchange?

A

Public Limited Company

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10
Q

Which type of company invites people to become shareholders?

A

Private Limited Company

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N5 Bus Man (2 decks)

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