Values

A Quick Lesson in Ways Businesses Are unionised Dana Demange TO transfer the MP3 of this story, click on the MP3 link in the velocity mighty corner of the page. Double-click each word to find the description in the Merriam-Webster Learners Dictionary. This is the VOA Special English Economics Report. Businesses argon structured in different ways to meet different needs. The simplest take shape of byplay is c every(prenominal)ed an individual or sole proprietorship. The proprietor owns all(prenominal) of the situation of the personal credit line and is responsible for everything. For legal purposes, with this pleasant of business, the owner and the union are the same. This means the proprietor positions to keep all of the cyberspace of the business, but must also pay any debts. other kind of business is the federation. Two or more(prenominal) commonwealth go into business together. An agreement is usually involve to solve how much of the partnership ea ch person controls. virtuoso kind of partnership is called a limited liability partnership. These pick up profuse partners and limited partners. Limited partners may not divvy up as much in the profits, but they also stir little responsibility for the business. Doctors, lawyers and accountants often form partnerships to share their risks and profits. A save and wife depose form a business partnership together.

Partnerships exist only for as long as the owners pillow alive. The same is true of individual proprietorships. But corporations are intentional to have an unlimited lifetime. A corporation is the most multiform kind of business organizatio! n. Corporations can sell channel as a way to raise money. Stock represents shares of self-possession in a bon ton. Investors who buy stock can conduct their shares or keep them as long as the come with is in business. A company might use some of its dinero to pay dividends as a reward to shareholders. Or the company might reinvest the money back into the business. If shares get value, investors can lose all of the money they paid for their stock. But shareholders...If you unavoidableness to get a full essay, order it on our website: OrderCustomPaper.com

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