Mindset for IELTS Unit 5 Vocabulary Business

... is a company that is owned by two or more people.

• limited liability company

• partnership

• sole trader

The money paid to the government that is based on your income or the cost of goods or services you have bought is called...

Which words can be used to describe "the things you are in charge of in your job"?

• Job qualifications

• Job duties

• Job benefits

• Job responsibilities

... is a legal agreement between two different people or groups.

• debt

• account

• tax

• contract

An official record of all the money a company has spent and received is...

• accounts

• tax

• business

• debt

This is a type of business in which personal and business finances are separate.

What are the three types of business mentioned in Unit 5?

• limited liability corporation

• sole trader

• limited liability company

• partnership

... is the money that a company has.

Write "NO MORE THAN ONE WORD AND/OR A NUMBER" means you can write:

• one word and a number

• one word

• a number

• only one word or a number