Forms of business organization II
Business Studies J.S.S 1 Second Term
WEEK 8
Forms of business organization II
Performance Objectives
The student should be able to:
1. Explain the limited liability company.
2. State the advantages and disadvantages of a limited liability company.
Content
Meaning of limited liability company
A limited liability company is a company in which the responsibility or liability of members for debts of the company is limited to the capital they have contributed or agreed to contribute. The private properties of members are excluded, and all those members lose if the company fails is the money they have contributed. It is formed and registered under the law known as the Company Act. When a company is formed and registered with the Registrar of Companies,.... View More
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- Revision of last terms question paper
- Production
- Types of occupation
- Factors of production
- Honesty in business I
- Business Studies JSS1 Second Term Mid-Term Assessment
- Test
- Honesty in business II
- Forms of business organization I
- Forms of business organization II
- Forms of business organization III
- Consumer and society
- Business Studies JSS1 Second Term Final Assessment
- Test
- Chapters 12
- Category JSS1
- Author ClassNotes Edu
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