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Generally, a smaller enterprise is more versatile, whereas bigger companies, or those with wider ownership or extra formal buildings, will often are usually organized as companies or partnerships. In addition, a business that wishes to boost cash on a inventory market or to be owned by a variety of people will often be required to adopt a specific authorized form to take action. Companies are additionally sometimes distinguished into public firms and private corporations for authorized and regulatory purposes. Private firms vebo traded shares, and sometimes include restrictions on transfers of shares. In some jurisdictions, private corporations have maximum numbers of shareholders. The word "company" derives from the Latin corpus, meaning body, and the Maurya Empire in Iron-Age India accorded legal rights to enterprise entities. In most nations, there are legal guidelines that deal with small companies differently from giant ones. They could additionally be exempt from ce...