Sole Trader, Partnership and Company: Why They Exist and Differences in Share Capital and Long-Term Debt

SOLE TRADER, PARTNERSHIP AND
COMPANY

TABLE OF CONTENTS
INTRODUCTION.......................................................................................................................................4
MAIN BODY..............................................................................................................................................4
Why do sole traders, partnership and company exist.............................................................................4
Difference between two forms of share capital and two forms of long-term debt....................................6
CONCLUSION...........................................................................................................................................7
REFRENCES..................................................................................................................................................8