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Card 6

Front

The part of the business controlled by local and central government including health, pollice and the post office.

Back

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Card 7

Front

An individual or a group of peoplewho have an interest in a business, including workers and owners.

Back

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Card 8

Front

Or sole proprietor, one person owns the business

Back

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Card 9

Front

Owners of the business are liable for it's debts and so may have so sell personal possessions, such as a car if they go into debt.

Back

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Card 10

Front

A form of unincorporated business organisation, which is owned by more than one person

Back

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Card 11

Front

A legal agreement drawn up between the partners of the business stating the responsibilities of partners, so for example, how the profits and loses will be shared.

Back

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Card 12

Front

A business owned by shareholders, hich is normally identified by ltd.

Back

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Card 13

Front

A business owned by shareholders, where shares can be bought and sold without restriction. It is also called a plc.

Back

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Card 14

Front

A marketing arrangement that allows another business to trade in the same style as the existing business.

Back

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Card 15

Front

The person or offers to other businesses, their trading methods, products and business logos.

Back

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