Private, personal liability and public company

Which company name ends with (Pty)Ltd

• Private company

• Public company

• Sole proprietor

• Partnership

A company with limited liability

• Sole trader

• Public company

• Partnership

• Private company

Why does a company issue shares?

• To raise money that can be invested in the business

• To get more owners

• To allow business to be sold off

• To make more profit

Which company is listed to the JSE?

• Private company

• Partnership

• Public company

• Close corporation

How to identify a public company?

• Ltd

• CC

• Inc

• (Pty)Ltd

Private and public company both have

• Unlimited liability

• Limited liability

Personal liability company is similar to

• Partnership

• Sole trader

• Public company

• Private company

Personal liability company is mainly used by lawyers and accountants

• True

• False