How many people can be in a partnership?
GCSE Business Studies
Flashcard
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Other
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9th - 11th Grade
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Easy
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1.
FLASHCARD QUESTION
Front
Back
2-20
2.
FLASHCARD QUESTION
Front
What is unlimited liability?
Back
Personal possessions CAN be taken to repay a debt.
3.
FLASHCARD QUESTION
Front
What is a sole trader?
Back
One person who owns and runs a business
4.
FLASHCARD QUESTION
Front
What does PLC stand for?
Back
Public Limited Company
5.
FLASHCARD QUESTION
Front
What does LTD stand for?
Back
Private Limited Company
6.
FLASHCARD QUESTION
Front
What happens in the primary sector?
Back
Raw materials are sourced.
7.
FLASHCARD QUESTION
Front
What happens in the secondary sector?
Back
Products are made
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