Business Studies - Key Words 0.0 / 5 ? Business StudiesRandomA2/A-levelNone Created by: Taylor_tankCreated on: 27-11-18 12:47 A business owned and managed by one person? Sole Trader 1 of 8 When an individual or group of individuals are personally responsible for all the actions of their business? Unlimited Liability 2 of 8 A business organisation that has its own legal identity and limited liability? Company 3 of 8 The process of establishing a business as a separate legal identity that allows it to benefit from limited liability? Incorporation 4 of 8 An investor and one of the owners of a company? Shareholder 5 of 8 The total value of the issued shares of a public limited company Market capitalisation 6 of 8 Share in the profits of a company that are distributed to the holders of company shares? Dividend 7 of 8 In the event of financial difficulties, personal belongings are safe Limited Liability 8 of 8
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