drustvo lica i drustvo kapitala
English translation: Proprietorship & partnership and corporation
| 18:57 Jan 29, 2004 |
| Serbian to English translations [PRO] Bus/Financial | |||||||
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|  Selected response from: Karen Ordanic Local time: 11:30 | ||||||
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| 4 +5 | Proprietorship & partnership and corporation |
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Answers
1 hr confidence: 
peer agreement (net): +5
peer agreement (net): +5Proprietorship & partnership and corporation Explanation: Društvo lica: proprietorship and partnership Društvo kapitala: corporation Proprietorship: Unincorporated business owned by a single person. Partnership: Contract between two or more people in a joint business who agree to pull their funds and talent and share in the profits and losses of the enterprise. Corporation: Legal entity chartered by government as separate and distinct from the persons who own it. The organization's total worth is divided into shares of stock, and each share represents a unit of ownership and is sold to stock holders. John Downes, Jordan Elliot Goodman Dictionary of Finance and Investment Terms -------------------------------------------------- Note added at 6 hrs 55 mins (2004-01-30 01:53:06 GMT) -------------------------------------------------- Correction: \"pool their funds\". |
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