Mustaqeem also has a sole proprietorship business and he is planning to convert it to a private
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Question:
Mustaqeem also has a sole proprietorship business and he is planning to convert it to a private limited company. As a consultant, give your advice on these two issues:
(a) The characteristics of a private limited company which makes it different from a sole proprietorship business.
(b) The rights of ordinary shareholders in a private limited company.
Related Book For
College Accounting Chapters 1-30
ISBN: 978-0077862398
14th edition
Authors: John Price, M. David Haddock, Michael Farina
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