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Companies (Short Description)
A short description of Companies (does not go in depth to Private and Public Limited Companies).
Edu Level: CSEC
Date: Jul 26 2023 - 3:06 PM
⏱️Read Time: 1 min
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A company is a business organization that exists as a distinct legal entity, separate from its owner(s). This legal separation allows the company to engage in contracts and handle legal matters.
There are two main types of companies: private limited companies and public limited companies. For further details on each type, please refer to other notes in the POB Notebook.