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ପ୍ରଗତି ସଞ୍ଚୟ କରିବାକୁ ସାଇନ୍ ଇନ୍ କରନ୍ତୁ |Business Law and Practice·Business Organisations
Five common forms of business organisation exist in England and Wales: a sole trader, a general partnership, a Limited Liability Partnership (LLP), a private company limited by shares (Ltd), and a public company (PLC) – including an unlisted public company. A founder has experience with the first three forms and is considering converting to a private Ltd or an unlisted PLC to raise funds.
Which of the following statements is MOST accurate about the five forms in terms of legal personality and liability?