Page 173 - Microsoft Word - 00 Prelims.docx

Chapter 8

Company administration

Outcome

At the end of this chapter you will be able to:

 describe the essential characteristics of the different forms of business
organisations and the implications of corporate personality

 explain the differences between public and private companies

 explain the purpose and legal status of the Articles of Association

 explain the main advantages and disadvantages of carrying on business
through the medium of a company limited by shares

and answer questions relating to those areas.

The underpinning detail for this chapter in your Integrated Workbook can
be found in Chapter 8 of your Study Text.

167