0
CONTINUITY: the death or retirement of a shareholder will not hamper the operation of the business.
LIABILITY: the liability of the shareholder is limited to their investment's. This clause also protects their personal property from being liquidated to cover any debts of the company.
The company has it's own legal identity
Add your answer:
Earn +20 pts
How do you identify a private limited company?
A Private company which will not be listed under any Stock Exchange. If you see any private company website. You wont see any ticker symbol for that company. But in case of Public companies they have to list there financial status in the website for the public.
Why is it important to identify the nature of a customer inquiry?
for a private limited company it is important that customer research is carried out to indentify
Is the company Upper Deck a public or private company?
Private
Is Mars a public or private company?
Mars is a private company.
Is Godrej is a public or private company?
Godrej is a private company.
How does a private company differ from a public company?
A private company differs from a public company by how it does its research. A public company can dip into public capital markets as to where private companies cannot.
How do you identify a private number?
Dial 911
How the financing pattern in private company?
what is the financing pattern of private company?
Is Hindustan Unilever limited is a public or private company?
It is a private company.
Are there sites to explain private student loans?
There are many sited that will explain private student loans. Some are www.salliemae.com and www.suntruststudentloans.com.
Is wilkinsons a private limited company or a public limited company?
wilkinsons is a private limited company.
What is the difference between a private company and a public company. Explain by giving an example?
A private company is owned (in most cases) by the companies founders. You cannot buy stock and own a portion of a private company. A public company has sold part of it's stock to shareholders and they own part of the companies assets through an IPO (Initial Public Offering). It can be traded on the U.S. Stock Exchange. An example of this would be Facebook. Facebook just IPO'd and went public. Anyone can now purchase stock and actually own part of the company. An example of a private company would be Ernst & Young. You can't purchase any of the companies stock because they are private.
