Business Questions

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

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

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

3. A feature of a private limited company

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

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

  • Primary sector
  • Tertiary Sector
  • Secondary sector

5. On profits, partners normally pay

  • Income tax
  • Corporation tax


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