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с ответами. Business organizations Business organizations belong to either the private or the public sector. The private sector consists of companies belonging to private individuals, and the public sector of companies owned by the government of the country. There are various types of business organization which operate in the private sector: A business run by a sole trader has just one owner, who is entirely responsible for all the company's business affairs. This type of organization has certain advantages and disadvantages. A business run by a partnership has two or more owners. When entering into a partnership, an agreement is drawn up defining the rights, responsibilities and liabilities of each partner, such as how the profits are to be distributed and what part each partner is to play in managing the company. The partners may be active, meaning that they are actively involved in the company's business; or sleeping, which means they invest money in the company and receive a share of the profits, but do not concern themselves with the company's business affairs. There are two types of partnership: • General or ordinary partnership, where all partners have unlimited liability. • Limited or special partnership, consisting of at least one general partner with unlimited liability and at least one limited partner whose liability is limited to the capital he has invested. The limited partners do not run the risk of losing their personal property if the company goes bankrupt, but neither do they have any say in how the business is run. From a legal point of view, a joint-stock company counts as a separate person, which means that its shareholder (owners) and directors (the people chosen by the shareholders to run the company) only have limited liability. The shareholders each receive one dividend (part of the profit) per share. There are two types of jointstock company: (a) Public limited company (plc) The capital for this type of company is raised from members of the public. For this reason, a plc can be listed on the stock exchange, although it doesn't have to be. Before it can start doing business, a plc needs to have a minimum amount of share capital (in England for example, it needs to issue at least £50,000 worth of shares). (b) Private limited company (Ltd.) There are many more private limited companies than public limited companies. The shares of a private limited company are held by specially chosen persons or companies, which mean it can't be listed on the stock exchange. However unlike public limited companies, private limited companies don't need a minimum amount of share capital - it's theoretically possible for a private limited company to have just one share held by one person.

Ответы на вопрос

2. What could the partners do if they are "sleeping"? They could invest money in the company and receive a share of the profits, but do not concern themselves with the company's business affairs.
3. What do the shareholders receive? They receive one dividend (part of the profit) per share.
4. What types of joinstock companies do exist? 1 - Public limited company 2- Private limited company
5. How does a joint-stock company count from a legal point of view? As a separate person.
6. By whom are the shares of a private company held? By specially chosen persons or companies.
7. What types of partnership do exist? 1-General or ordinary partnership 2 - Limited or special partnership
8. What are the differences of the limited partnership? The limited partners do not run the risk of losing their personal property if the company goes bankrupt.
9. How many persons could held a private limited company? One
10. What is the minimum amount of share capital in England? £50,000



Business Organizations
1. What are the two sectors that business organizations belong to? Business organizations belong to either the private or the public sector .
2. What is the private sector composed of? The private sector consists of companies belonging to private individuals .
3. What is the public sector composed of? The public sector consists of companies owned by the government of the country .
4. What are the different types of business organizations in the private sector? There are various types of business organizations that operate in the private sector. These include: - Sole trader: A business run by a sole trader has just one owner who is entirely responsible for all the company's business affairs . - Partnership: A business run by a partnership has two or more owners. An agreement is drawn up defining the rights, responsibilities, and liabilities of each partner . - Joint-stock company: A joint-stock company is a separate legal entity with shareholders and directors. Shareholders have limited liability and receive dividends per share .
5. What are the advantages and disadvantages of a sole trader business? A sole trader business has certain advantages, such as the owner having full control over the business affairs. However, it also has disadvantages, such as the owner being solely responsible for all the company's business affairs .
6. What are the different types of partnership? There are two types of partnership: - General or ordinary partnership: In this type, all partners have unlimited liability . - Limited or special partnership: This type consists of at least one general partner with unlimited liability and at least one limited partner whose liability is limited to the capital they have invested .
7. What is the difference between active and sleeping partners in a partnership? Partners in a partnership can be either active or sleeping. Active partners are actively involved in the company's business affairs, while sleeping partners invest money in the company and receive a share of the profits but do not concern themselves with the company's business affairs .
8. What is the legal status of a joint-stock company? From a legal point of view, a joint-stock company is considered a separate person. This means that its shareholders (owners) and directors (chosen by the shareholders to run the company) have limited liability .
9. What are the two types of joint-stock companies? There are two types of joint-stock companies: - Public limited company (plc): The capital for this type of company is raised from members of the public. It can be listed on the stock exchange but doesn't have to be . - Private limited company (Ltd.): There are many more private limited companies than public limited companies. The shares of a private limited company are held by specially chosen persons or companies, and it cannot be listed on the stock exchange .
10. What is the minimum share capital requirement for a public limited company in England? Before a public limited company can start doing business in England, it needs to have a minimum amount of share capital. For example, it needs to issue at least £50,000 worth of shares .


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