Types of Business Organisations and Legal Consequences: A Case Study of Sam's Business

BUSINESS LAW

Table of Contents
INTRODUCTION ..........................................................................................................................2
MAIN BODY...................................................................................................................................3
Sam and his business:..................................................................................................................3
Types of business organisations and their legal consequences:..................................................3
SOLE TRADER- ...................................................................................................................3
PARTNERSHIP-....................................................................................................................4
LIMITED LIABILITY PARTNERSHIP-..............................................................................4
LIMITED COMPANY-.........................................................................................................5
Recommendations on suitable organisation type:.......................................................................5
CONCLUSION ...............................................................................................................................6
REFERENCES................................................................................................................................7