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Právnická angličtina IV - Popelíková - čt 16:00

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A sole proprietor is liable for the debts of the business the extent of everything he/she owns.

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Derivations:

A sole

(PROPERTY) can make a free transfer of personal

assets to husband or wife.

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Corporate

(GOVERN) is a system of policies,

processes, and rules that direct and control a business’s behaviour.

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živnostenské

oprávnění

0%
0%
0%
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ručit

za závazky společně a nerozdílně

0%
0%
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a sole trader

commences business merely by opening the door of the premises

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The most a limited partner can lose is their investment the business.

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The most important consequence of incorporation is that a corporation becomes a legal person distinct its members, i.e., it becomes a separate legal entity.

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Derivations:

Some of the rights

reserved to individual stakeholder groups may be of a 

(CONSTITUTE)

nature.

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Derivations:

There are some

important features that make LLP an

  (APPROPRIATELY) choice for the small business owner.

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