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Vocabulary

Vocabulary. Provide a meaning. Assets Unlimited liability Investor Issue of shares General meeting. Vocabulary. Provide a meaning. 6. To sue 7. Stock broker 8. Bankrup 9. Accounting records 10. Creditors. Match these words with their corresponding definition.

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Vocabulary

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  1. Vocabulary Provide a meaning • Assets • Unlimited liability • Investor • Issue of shares • General meeting

  2. Vocabulary Provide a meaning 6.To sue 7. Stock broker 8. Bankrup 9. Accounting records 10. Creditors

  3. Match these words with their corresponding definition.

  4. Match these words with their corresponding definition.

  5. Name________________ Reading Comprehension Quiz TRUE OR FALSE • A limited company may consist of one person only. • The members of a corporation have limited liability. • Limited companies can not be sued. • Public Limited Companies raise money selling shares to the general public. • Shares always pay the same dividend. • The managers of the companies decide the amount to be paid as dividend. • Debentureholders owe money to the companies. • Debentureholders don’t always receive an annual interest • A memorandum of association must be filled with the directors of the company. • Companies can be forced to sell all their assets in order to pay debts.

  6. Write a short paragraph to provide a complete answer to the following questions • Explain the ways in which a company may raise money. 2 Explain the different ways in which a business may be run. 3 Explain three ways in which a limited liability company may be dissolved.

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