Chapter 2

zoelle sagoe Business Studies A level Inglês 3 páginas

Conteúdo das notas (3)

Página 1

Página 2

Página 3

Businesses with unlimited liability

Unlimited liability- finances of the business are treated as inseparable from the finance of the business owners(s)

Sole Traders- individual who owns and operates his or her own business. the owner has unlimited liability meaning personal assets can be seized by creditors to meet outstanding debts

Businesses with limited liability

Limited liability- the legal duty to pay debts run up by a business stays with the business itself.

Informações

Descrição: Different business forms>
Criado por: zoelle sagoe
Visualizações: 6
Avaliação