this term means the surplus after all the costs of a business in a particular period have been deducted from total sales
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Card 7
Front
this term is a seperate legally identity owned by shareholders who appoint a board of directors to make major decisions and is registered with government office
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Card 8
Front
what business can shareholders buy and sell shares easily. They can also increase investment or over sell part of it
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Card 9
Front
in a patnership is ther limited liability or unlimited liability
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Card 10
Front
in apatnership what do you call a partner who contributes to capital but have no active role
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Card 11
Front
this term means the individual owns and runs their own business
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Card 12
Front
what are the factors of prodcution
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Card 13
Front
can excessive loss force a business to leave the industry
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Card 14
Front
what is the exchange of goods and services
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Card 15
Front
does a sole trader invests his own capital to start up his business
