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level 2 btec business unit 1 p2

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Business ownerships
What is a sole What is a private limited company (Ltd.) : What is a
traders: partnership
A company which offers limited liability or
a sole traders a sole- legal protection for its shareholders but thereA partnersh
trader is a self- are certain laws which must be followed. two individu
employed person together an
who is the owner of ideas, resou
the business and money to im
controls it. their busine
businesses such as the individu
these are usually to agree to
individuals who public limited company(PLC) : associated
provide a services Are business which trade securities on a stock rewards
such as cutting exchange and can be bought and sold by proportiona
hair(barbers, taking anyone, They are obligated by law to publish example of
their complete and true financial position so
pictures(photographe that investors can see the true worth of their partnership
r) and drawing self stock. and beats b
portrait(arts). they came
and created
app exclusi
apple phon

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Uploaded on
January 27, 2016
Number of pages
2
Written in
2014/2015
Type
ESSAY
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Unknown
Grade
Pass

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