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Differences between private limited company and public limited company are;Private limited company is formed by minimum of 2 shareholders while public limited company is formed by minimum of 7 shareholders.Private limited company has maximum of 50 shareholders while public limited company has no maximum number of shareholders.Private limited company commences immediately it receive certificate incorporation while public limited company waits for certificate of trading.Private limited company, shares are not freely transferable while public limited company shares are freely transferable.Private limited company is not a must for books of account to be audited while public limited company, books of account are audited annually.Private limited company cannot draw prospectus while public limited company must prepare a prospectus.
The main difference between a registered company and partnership are:Formation: For a company to exist, it has to be legally registered while a partnership does not have to be registered.Membership: A registered private company can have on director/member while a partnership must more than one member.Transfer of shares: Share in a company can be transferred while shares in a partnership cannot be transferred unless all the partners have agreed on the transferLiability: Members of the company are not personally liable for the company's debts while a partner is personally liable to the business's debtsTermination: Death of one of the members does not lead to the termination of the company's existence while the death of a partner may lead to the termination of the partnership unless the partnership agreement says otherwiseBorrowing Money: A company can borrow on the security of a floating charge while a partnership cannot
Difference between private and public finance management;The government gets money for spending from taxes , other sources of income and borrowing.Government departments do not operate to make profits and objectives of the departmentGovernment departments have full time professional civil servants as their managers but decisions are also taken by politicians.Government services are provided without the commercial pressure of competition. There are no competitive reasons for controlling costs.
Functional difference between a burette and a pipette is;Burette measures different accurate volumes of a liquid while a pipette measures specific/exact accurate volumes of a liquid.
Main difference between a cut and and bruise is;Cut causes external bleeding and it's caused by a sharp object whereas a bruise causes internal bleeding and it's caused by a blunt object.