Limited Companies
Commerce SSS2 First Term
WEEK 7
Limited Companies
Performance Objectives
The student should be able to:
1. Explain the meaning of limited companies.
2. Compare the private limited and public limited companies.
3. Describe the requirements for the formation of limited companies.
Content
Meaning of Limited Company
A limited company is a kind of business unit which a number of people agree to form by each contributing shares towards its initial capital under the conditions laid down in the various Companies Acts.
Types of Limited Liability Companies
1. Private limited liability company: Private limited liability company is defined as one.... View More
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- Commerce SSS2 First Term Mid-Term Assessment
- Test
- Commerce SSS2 First Term Final Assessment
- Test
- Career Opportunities
- Co-operative Societies
- Co-operative Societies II
- Co-operative Societies III
- Public Enterprise
- Public Enterprise II
- Limited Companies
- Limited Companies II
- Trade Association and Other Enterprises
- Trade Association and Other Enterprises cont'd II
- Chapters 12
- Category SSS2
- Author ClassNotes Edu
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