Business Questions

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1. What might be included in deed of partnership?

  • partner's families
  • Favourite colour
  • Name of business
  • how long the partners have known each other
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2. What is meant by overtime payment?

  • Additional pay done for work outisde of contract hours
  • no money in the bank
  • payment hasnt been paid yet
  • waiting for transaction

3. What type of intergration is it when two businesses merge together?

  • Lateral
  • Horizontal
  • Verical

4. What is the definition of worker co-operative?

  • Business owned and controlled by its workers rather than outside shareholders
  • A business which sells shares on the stock exchange
  • An issue of a license to sell goods and services using somebody else's name

5. A feature of a private limited company

  • Shares can be sold to family and friends
  • The owners have unlimited liability
  • Has plc after its name
  • Sells shares on the stock exchange

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