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The most appropriate form is determined by weighing the advantages and disadvantages of each type of organisation against one's own requirements. A limited company is a limited liability company, whereas a company limited by guarantee (ltd) is an unlimited liability company. A partnership or limited liability company may be formed to meet the needs of a business on a larger scale.
The most appropriate form is determined by weighing the advantages and disadvantages of each type of organisation against one's own requirements. A limited company is a limited liability com…