EQL201 1

Company is a place where goods are services are produced.

Private companies are privately owned businesses.

Public companies goes private with IPOs.

IPO is the Initial Public Offer made by a private company.

Shareholders also share ownership in the company.

A shareholder can have as little as ____ share/s.

_____ is owned by one person.

In Limited Liability Company, the owner is personally liable.

If you share the ownership of your company, the burden _____.

In sole proprietorship, there is distinction of ownership between owner and company.