- Business Studies
a type of ownership, established according to the Companies Act (No. 61 of 1973), with a minimum of one to a maximum of fifty shareholders, who have limited liability for the debts of business. The transfer of shares is restricted, which means that shares cannot be sold to the public.
a leader who has absolute authority and makes all the decisions.
the value of the policy as set by the company when it was drawn up, the market value may be...