The Appropriate Business Structure That Is Popular Among Sporting Clubs

question 7

Multiple Choice

The appropriate business structure that is popular among sporting clubs and not-for profit organisations such as charities and social groups is:

• A)a public company whose capital is limited by shares
• B)a public company whose share capital is limited by guarantee
• C)a public company which are no-liability companies
• D)a public company whose share capital is unlimited.

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Definitions:

Power

The ability or capacity to do something or act in a particular way; often refers to the amount of control one has over circumstances or other entities.

Planes

A flat or relatively smooth surface; points of reference by which positions or parts of the body are indicated.

Points Of Reference

Specific locations or landmarks used to establish positions or to measure distances.

Lesion

An injury or wound; a circumscribed area of pathologically altered tissue.