Business Questions

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1. A feature of a private limited company

  • The owners have unlimited liability
  • Has plc after its name
  • Shares can be sold to family and friends
  • Sells shares on the stock exchange
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2. 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

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

  • Job centre
  • National TV

4. Partners normally have

  • Unlimited liability
  • Limited liability

5. Which is a feature of a partnership?

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

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