VI. Types of Business

A - one; В - proprietor; C - bankrupt; D - partnership; E - 2-20; F - Private limited company; G - shareholders; H - limited; I - into liquidation; J - Public limited company; K - freely, usually at the Stock Exchange*

*Note: Not all public limited companies are quoted on the Stock Exchange. The Stock Exchange has strict rules about how long a company must have been trading profitably before the company's shares can be sold there. When a company's shares are sold at the Stock Exchange for the first time, this is known as 'going public'. Not all companies choose to go public and in Britain a company can still be a public limited company without going public.

VII. Investing in a Limited Company. 1 - shares; 2 - freely; 3 - dividends; 4 - face; 5 -
market; 6 - liquidation; 7 - creditors; 8 - debts; 9 - liability; 10 - limited; 11 - bankrupt; 12

- unlimited.

VIII. Must/can 1 - must; 2 - must; 3 - can; 4 - can; 5 - must; 6 - must; 7 - can; 8 - must; 9

- can; 10 - must.