Assignment of Economics Fixed great Fixed bang-up of the United States is a peremptory initial enthronement made by the entrepreneur to fall out up the activities of his subscriber line. whole works capital Current assets minus current liabilities. Working capital measures how much in liquid assets a companion has gettable to build its communication channel. Un peculiar(a) indebtedness A type of investment in which a participator or investor fecal matter reserve an un extra amount of money. opposite of limited liability. Limited liability vitrine of investment in which a partner or investor bottom buoynot misplace more than the amount invested. Thus, the investor or partner is not soulfulnessally responsible for the debts and obligations of the company in the event that these are not fulfilled Sold trader A person who owns a business on their own, with no partners, and has not make a company is cognise as sole trader. partnership a relation ship of two or more entities conducting business for mutual benefit. General partnership A business partnership featuring two or more partners in which severally partner is liable for any debts taken on by the business. Because the partners do not enjoy limited liability, all the partners assets can be involved in an insolvency case against the company.

Limited partnership A business geological formation with one or more old(prenominal) partners, who manage the business and assume legal debts and obligations, and one or more limited partners, who are liable only to the proceeds of their investments. Sleeping partner A business partner who provides capital only if does n ot actively participate in the direction of! operations. occasion stock company A company which has just about features of a corporation and some features of a partnership. The company sells right movable stock, but all shell outholders have unlimited liability. close limited company A form of business organization in the UK that can limit the number of shareholders, restrict their share transactions, while providing them with limited liability....If you want to get a full essay, order it on our website:
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