_____________ is a form of business organisation in which two or more

business owners share the management and risk of the business.

.............................is the activity of buying and selling goods and services.

The Nation’s Business have ------------------ categories

...........................................is the part of the economy which is not under the direct control of a country’s government.

...........................................is the area on which the government of a country has direct control.

schools, public hospitals and parks are an example of?

.................................................... run for the benefit of the society.

Two main aims of the business organizations are

The public sector is financed

through the

is a separate legal entity that engages in business activities.

........................................................is referred to a person conducting a business which has no legal entity but is individually liable for any debts.

...............................................formed by two or more people sharing profit and losses at prior agreed percentages.

To form a company business need two main documents. That is

is a business system in which an owner of a product or service provides the

license to sell the products or services along with other privileges.

franchise agreement would explain

are business arrangements and understandings within two or more parties

combining their energy and work in order to initiate a commercial enterprise for mutual gain.

is a business owned and controlled by a group of people for their own

benefit.

There are .................. main types of cooperatives.

Three main types of cooperatives are