Share company law
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Money taken out by partners in advanced is
drawings
ltd with one shareholder is called
single member
which businesses have legal entity
Plc, Ltd, LLP
Name two documents which are needed to incorporate the company
memorandum & articles of association
What does IPO stand for
Initial Public Offering
Sole trader has ..................liability
unlimited
Anoter name for dormant partner is .................partner
sleeping
Name two unincorporated businesses
sole trader, partnership
Another name for equity is
share capital
Profits from shares are called.................
dividends
First shareholders are called.................
Subscribers
A partnership can be .....................which means terminated
dissolved
Differnce between nominal and market value of shares is called a.........
premium
Registered office of a company is called a...................
seat
Creditors who have a collateral are called........creditiors
secured
Liquidator........the assets and gives..............to the creditors
realises/proceeds
