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Essay's paper info
| Topic: |
Business
|
| Number of pages / Number of words: |
7 / 1904 |
Essay's paper body
This is why the reports have to be completed with a lot of
detail, so the shareholders can read up on how the business is
running.
Most of the firms in the UK are limited companies, this is because
Sole Traders and partnerships have unlimited liability for the debts
of the firm, for example if a firm cannot afford to pay its creditors,
it may result against the owner of the firm who would then have to
settle up the payment...
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These are:
? Ordinary Shareholders
? Customers, and
? Employees.
Ordinary Shareholders
---------------------
Shareholders are an important group of users of the reports. They are
given the report before the Annual General Meeting, so they can
discuss whether to keep the same management team, or decide on a vote
for more people...
Essay fragment
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