RRZ.com Investments

Stocks?!?!?!?

I have 2 questions: 1. what is the difference between common stocks and preferred stocks? 2. If you were to start a business of your own, would you organize it as a sole proprietorship, a partnership, a corporation, or a nonprofit organization and why?

Public Comments

1. 1. Preferred stocks get priority if the company is liquidated. For other differences -- do a search online! 2. The structure of a business would depend on what the business is doing. While the first three can apply to almost anything, something that's a non-profit is not likely to be in the same line of business as a for-profit. The different types generally provide different (if any) legal protection. Do a search!