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Partnership or company limited by shares are the two forms of association open to a group of individuals who want to work together with one objective of carrying out trade to make profit or earn a living. Individual members of company are commonly known as shareholders while partnership members are called partners. Most people however don't differentiate between the two.
Company‘s act defines three types companies which are registered under different classifications. Types of companies include: Limited company, Guarantee Company and Unlimited company. These types companies are limited by shares. Owner also known as shareholders. Company is usually abbreviated as co.
It is a article which tells how to secure your information systems.
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