Business Questions

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1. What is meant by overtime payment?

  • waiting for transaction
  • Additional pay done for work outisde of contract hours
  • payment hasnt been paid yet
  • no money in the bank
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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. What might be included in deed of partnership?

  • how long the partners have known each other
  • partner's families
  • Name of business
  • Favourite colour

4. Partners normally have

  • Unlimited liability
  • Limited liability

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

  • Secondary sector
  • Primary sector
  • Tertiary Sector


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