If an organisation is seen legally as having a separate identity to the owners, what is it said to be?
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Card 7
Front
What type of liability does a sole trader have?
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Card 8
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A private limited company issued 500 shares valued at £2 each when it set up. Bob is one of 5 shareholders who each own 100 shares. Bob has paid in full for 75% of his shares. If the company goes bust, what is the maximum that Bob must pay?
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Card 9
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What type of organisation has the correct legal structure to sell shares on the Stock Exchange?
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Card 10
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What must a private limited company have after the company name?
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Card 11
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Few of the companies that stopped trading as public limited companies did so due to financial failure. Give a more specific reason why some do this?
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Card 12
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What is the name for a payment made by a company to its shareholders out of the profits earned?
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Card 13
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If a company issues 50,000 shares in December 2014 at a price of £3 each, what will its ordinary share capital be?
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Card 14
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By the following June, the Stock Exchange quotes the share price as now being £4.50 each. If all shares are sold and fully paid up, what will the market capitalisation be?
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Card 15
Front
What is the name for a person, company or other institution that owns at least one share in a company?
