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What is the difference between a cooperative and a public liability company?
Gummies chips and especuly macarony
What type of cooperative which operates taxis tricycle and buses?
service cooperative
Which of these is NOT a type of cooperative relationship?
formalism
What are cooperatives?
cooperative society is a retailers cooperative is a type of cooperative which employs economies of scale on behalf of its retailer member
What are the major differences between cooperative and limited liability companies?
Limited liability is a type of liability that cannot exceed the amount that has been invested in a partnership or limited liability company. Limited liability protects personal assets from the risk of being seized to satisfy creditor's claims, debts and other obligations. For privately or publicly held corporations, a shareholder's responsibility for the company's debts is limited to the par value of paid up shares. The company itself as a legal entity is liable for the rest. A cooperative is a jointly owned enterprise engaged in production and distribution of goods, supplying services, farmers, or building ownership. It has no such protection unless it takes the legal steps necessary to form a business entity that can access limited liability.
What type of liability refers to public laws?
civil liability
What is cooperative societies and the types of cooperative societies?
cooperative society is a voluntary association of people for their common economic development. Types: consumer cooperative producers cooperative market cooperative credit cooperative framing cooperative
What is co-operative?
A retailers' cooperative is a type of cooperative which employs economies of scale on behalf of its retailer members.
Hierarchy of the cooperative societies?
The hierarchy of the cooperative societies is usually very flexible. It usually depends on the type of the cooperative society. It is usually managed by a managerial team.
Five differences between cooperative society and limited liability company?
Legal Structure: Cooperative society is a legal entity that is owned and operated by its members; while Limited Liability Company (LLC) is a legal entity that is owned and operated by its shareholders. Ownership: In a cooperative society, members collectively own the company, and each member has an equal say in the decision-making process. In an LLC, ownership is based on the number of shares each shareholder owns. Profit Distribution: In a cooperative society, profits are distributed among the members based on their participation and usage. In contrast, LLCs distribute profits equally among their shareholders based on the number of shares they own. Capital Requirements: Cooperative societies do not require significant capital investment to start or operate; while LLCs require more capital to start and operate. Liability: Members of a cooperative society have limited liability as they are not personally liable for the debts of the company. On the other hand, shareholders in an LLC also have limited liability, but their personal assets may be at risk if the company goes bankrupt.
What type of attorney typically handle product liability claims?
The type of attorney that handles product liability claims is acatually a product liability attorney!
What type of business has limited liability?
An LLC (Limited Liability Corporation).
