Business Questions

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1. Which is a feature of a partnership?

  • Income tax paid on profit
  • Financial information is sent to Companies House
  • Shares can be sold to family and friends
  • The owners have limited liability
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2. 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

3. A feature of a private limited company

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

4. If a business grows fruit which sector are they in

  • Primary sector
  • Tertiary Sector
  • Secondary sector

5. What advertising method is suitable for a local job?

  • Job centre
  • National TV


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