Which of the following means that the owners of a company or the share holders cannot be held responsible for the debts of the company they own?
Limited liability
Unlimited liability
Current liability
Quick liability
Which of the following form of business is most suitable for very large businesses?
Private limited
Public limited
Government
Non profit
A group or association of two to twenty people who agree to own and run a business together.
Sole trader
Co-operatives
Partnerships
HUF
Payments made to shareholders from the profits of a company.
Dividend
Interest
Capital
Debenture
Groups of people who agree to work together and pool their resources.
Private limited company
Public limited company
