Definition
Freight refers to goods or cargo transported by land, sea, or air. It can include a wide range of products, materials, or commodities being transported from one location to another. Freight may be transported using various modes of transportation such as trucks, ships, trains, or airplanes, depending on factors such as distance, urgency, cost, and the nature of the goods being transported.
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Private Limited Company (Ltd)
A Private Limited Company (Ltd) is a type of company where the ownership is divided into shares held by a small number of shareholders. The liability of shareholders is limited to the amount unpaid on their shares, and the company’s shares cannot be traded publicly on the stock exchange.
Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a business structure where partners have limited personal liability for the debts and obligations of the partnership. Each partner’s liability is limited to their investment in the LLP, and they are protected from the actions of other partners.