What is the difference between " Public Ltd." "Pvt Ltd."
"Paternship Firm", "Properitorship Firm"? Give
detail information of this?
Answers were Sorted based on User's Feedback
Answer / a.palani raja
Public Ltd : Issue the Public Share of the Company eg.
Reliance; TATA
Pvt. Ltd : Do not issue the Public Share, the shares are
issue to the Directors only eg. VIMKAR PVT. Ltd
Partnership Firm : More then one owner of the Firm,
eg.K.V.Repellans Mfg. Co.
Properitorship Firm : Single Person Capital and Ovwnership
eg.Raja & Co.
Is This Answer Correct ? | 16 Yes | 2 No |
Answer / vijay007in
Properitorship Firm:
Capital source and investment from one head he called as
properitor and his reponsibility is unlimited(if loss
happend in business he has to settle from his own source)
Patnership Firm:
with or without Capital source and investment from morethen
one head they called as partners and their reponsibility is
unlimited(if loss happend in business they have to settle
from their own source)
Pvt Ltd :
Capital source and investment from seven and above (max 50)
head their consern called as pvt ltd and their
reponsibility is unlimited(if loss happend in business they
have to settle from their own source)
Public Ltd:
Issued the shares to public for Capital source called as
ltd co or Public ltd and their reponsibility is limited up
to their share value only.
Is This Answer Correct ? | 6 Yes | 2 No |
Answer / rups
there are different forms of business organisation thr are;
1.propritership
2.partnershp firm
3.joint stock company
a.public company
b.private company
1.propritership: this type of business is run by single
person. he is only invester and he only bear all profit and
loss .
2.partnershp firm: this type of business run by two r more
person .t.e,min 2 & max 20.who carries ths business called
partner , they r the investor & thy only bear all profits
and loss.
public company: is run by the government and holding more
than 51% share capital of the company.
private company: is under control of individual r private
people.
Is This Answer Correct ? | 3 Yes | 1 No |
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