Music in the mist
Title: Music in the mist
Category: Arts & Humanities / Music | Words: 693 | Pages: 2.9 (approximately 235 words/page)
Music in the mist
Chapter 3 Objectives
Equity and the different types of equity:
Equity: involves the ownership if you have an equity investment you own part of something.
Ordinary shares: Represent the bulk of the company’s ownership
Contributing shares: New shares you may not add to pay for old shares straight away.
Deferred div shares – Stipulation that div will only be paid after a specified period.
Bonus Issue – Free issue shares to the shareholder
Preferred shares – Fixed div
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liability Companies: public companies where shareholders have no liability beyond what each has already subscribed. This type of company is limited to high risk and exploration companies.
Companies limited by Guarantee: usually non-profit orginisations in which the liability of the members is limited to the amount they agree to pay.
Private company:
· Number of members limited to 50
· The right of the members to transfer their shares restricted
· Unable to aproach the public to sell shares
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