Running a business GB: types of business 1)sole _____ = individual proprietor –(__________ liability for debts) 2)partnership –(__________ liability for debts) 3)company = _________: a)limited company •by shares X by __________ •private X _________ b)_________ company GB: types of business 1)sole trader = individual proprietor –(unlimited liability for debts) 2)partnership –(unlimited liability for debts) 3)company = corporation: a)limited company •by shares X by guarantee •private X public b)unlimited company translate into English • •společenská smlouva • •společenská smlouva • •Memorandum of Association translate into English • •stanovy společnosti • •stanovy společnosti • •Articles of Association translate into English • •kupovat akcie na burze • •kupovat akcie na burze • •buy shares/stock on Stock Exchange translate into English • •emise akcií • •emise akcií • •a share issue translate into English • •správní rada • •správní rada • •(board of) directors translate into English • •právnická osoba • •právnická osoba • •artificial (legal) person, legal entity translate into Czech • •assets and liabilities • •assets and liabilities • •aktiva a pasiva translate into Czech • •legal person • •legal person • •právní subjekt translate into Czech • •general meeting • •general meeting • •valná hromada translate into Czech • •to pass a resolution • •to pass a resolution • •schválit usnesení translate into Czech • •internal regulations • •internal regulations • •vnitřní směrnice