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questions
Question | Answer |
---|---|
How many people are in a Private Limited Company? | 1-99 |
What is a sole trader? | a person who owns and runs a business by his/herself |
Name one advantage of a sole trader. | Works when he/she wants |
What is a limited liability? | The shareholders will only lose the amount they have invested in the company. |
What is the co-operative? | people who join together to achieve a particular objective which they can't achieve by themeselves. |
What is state ownership? | Companies that are owned by the government. |
What is one thing you need for the 'Form A1? | Name and registered adress. |
What is a disadvantage of a sole trader? | Long working hours. |