answersLogoWhite

0

  1. They are funded by the owners or shareholders
  2. They have limited liability if they are a limited company such as a LTD and they have unlimited liability if they are a sole trader or partnership

Lovee from Mr. Pickles ;)

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

What are the features of public sector?

Public sector lacks private motives, there collective ownership, accountable to political leaders and it provides public goods.


Is Coca Cola a public sector or a private sector company?

Is a private sector


Is the NFL a public sector or private sector?

private


What are the salient features of Indian banking sector?

The salient features of Indian banking sector is that it comprises commercial and private banks. The commercial banks are made up of scheduled and non-scheduled commercial banks.


Is microsof pulbic or private sector?

Microsoft is in the private sector.


What do you mean by private sector banks?

Private sector banks is a bank that is owned by the private individual. Thats bank called private sector bank.


Are there Bank Jobs in Jaipur Private sector for freshers?

Yes, many private banks and financial institutions offer entry-level positions in operations, customer service, finance, and relationship management. Salarite regularly features Bank Jobs in Jaipur Private sector.


What are private sector and public sector?

Private sector are things that are owned by people. Public sector are things that are owned by the government.


Differences between public sector accounting and private sector accounting?

The difference between public sector and private sector is that when you're in the public sector you work for the government whereas private sector is not. Same applies to accounting.


What are private sector wages?

They are the wages paid to employees in the private sector.


What is the difference between private sector bonds and public sector bonds?

the public sector does not aim to make a profit and the private sector does an example of the private sector would be primark public sector would be the police,fire engines. The government own the public sector whilst the private sector is owned by its own individuals.


How private sector is better?

Private sector's purpose is to produce; the public sector's purpose is to control, not to produce.