Public limited liability company or PLC\n(also Inc in US_en) \n*Publicly tradeable shares\n*The owners are _not_ liable for legal actions and debts the company may face \n*Managed by a CEO elected by a Board of Directors (Board) which in turn is elected by the shareholders in scheduled meetings. \n*Extra share holder meetings can usually be called up if enough share holders deem it necessary for some reason\n*Usually listed in one or many Stock exchanges\n*Rules of stock exchanges define some minimums to capital, cash flow and market value for PLCs to be viable for trading Limited liability company or LLC\n(also LTD in UK_en and Inc in US-en)\n*Non-publicly tradeable shares\n*The owners are _not_ liable for legal actions and debts the company may face \n*Managed by a CEO elected by a Board of Directors (Board) which in turn is elected by the share holders in scheduled meetings. \n*Extra share holder meetings can usually be called up if enough share holders deem it necessary for some reason General partnership\n*Formed by two or more persons\n*The owners are all liable for legal actions and debts the company may face personally Limited partnership\n*Like a General Partnership except for the fact that there is/are so called silent partners who just invest capital into the business and are not liable for legal actions and debts the company may face. Sole trader\n*A sole trader is liable for legal actions and debts personally \nCo-operative\nThere are two kinds of Co-operatives, \n#those owned collectively by the customers\n#those owned and managed collectively by the Workforce Limited Liability Partnership \nReference\n*This article is adapted from Consumerium under the clauses of GFDL
