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Comparison of Corporate Organizational Forms

Comparison of Corporate Organizational Forms

Comparison of Corporate Organizational Forms


Company limited by shares

Shareholders shall be liable to the company within the limit of the shares they have subscribed for.

Way of taking responsibility

Sole proprietorship

The investor shall bear unlimited liability for the debts of the enterprise with his personal property.

Partnership

The general partners shall bear unlimited joint liability for the debts of the partnership enterprise, and the limited partners shall be liable for the debts of the partnership enterprise within the limit of the capital contribution subscribed by them.

Limited company

If the shareholder of a one-person limited liability company cannot prove that the company’s property is independent of its own property, it shall be jointly and severally liable for the company’s debts.

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publish time: 2021-03-12
Viro

Comparison of the ways in which various corporate organizational forms assume responsibility. Comparative analysis of the differences between joint stock limited companies, sole proprietorships, partnerships, and limited companies. A brief introduction to each enterprise form is given. The typography is clear and beautiful, and the color matching is lively.

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