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Explain the main differences between a limited liability com

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Explain the main differences between a limited liability company and a sole trader.
希望热心人士赶快回答我,..
由于这是个presentation题目所以我打算这样解释,麻烦大家给点意见我,看看我这样解释可以吗?
* What is limited liability company?
* What is sole trader?
* Advantages and Disadvantages of liability company?
* Advantages and Disadvantages of sole trader?
* What is differences between a limited liability comapny and a sole trader?
如果这样回答,OK
Sole trader is a person who carries out the trade/ business single handedly.He is the whole and soul of the business.Usually,there is no one to assist him; though in some cases he might keep an assistant or a helper.
A limited company is a separate entity and is also either registered or incorporated under the laws of the country in which it is situated.It is a separate person in the eyes of the law.
the main difference between a sole trader and a limited company is that the law makes no distinction between a sole trader and his business,whereas a limited company is a separate entity in itself which can function very much like humans i.e.it can hire people,sue and get sued etc.
可以