Business Ownership 5.0 / 5 based on 2 ratings ? Business StudiesOwnership and controlGCSEAQA Created by: bwindsorCreated on: 19-06-18 14:52 A business owned and operated by one person sole trader 1 of 6 A business is started and owned by more than one person. Common examples of partnerships are doctors, solicitors or vets. partnership 2 of 6 A company is formed when a business is set up to have a separate legal identity from its owners. Shareholders have limited liability. private limited company 3 of 6 A business that is owned by shareholders. Anyone can buy shares in the business. Shareholders have limited liability. public limited company 4 of 6 A portion of the after-tax profit that is paid to shareholders according to the number of shares they own dividend 5 of 6 The market for buying and selling shares for public limited companies. stock exchange 6 of 6
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