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A business owned by 2 - 20 people. They will usually have unlimited liability.

Learn about different types of business ownership and their key terms, including unlimited liability, sole proprietorship, partnership, corporation, franchise, limited liability, separate legal entity, private company, limited company, and multinational corporation.

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A business owned by 2 - 20 people. They will usually have unlimited liability.

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  1. Business Ownership: Key Terms Match the key term with the statement below: A business owned by 2 - 20 people. They will usually have unlimited liability.

  2. Business Ownership: Key Terms Match the key term with the statement below: A business is only liable for the amount of money invested in the business.

  3. Business Ownership: Key Terms Match the key term with the statement below: Someone who owns and controls their own business.

  4. Business Ownership: Key Terms Match the key term with the statement below: A business organisation run and owned jointly by the employees who have equal voting rights.

  5. Business Ownership: Key Terms Match the key term with the statement below: The shares of this business can be bought and sold on the stock exchange.

  6. Business Ownership: Key Terms Match the key term with the statement below: The legal contract which governs how a partnership will be owned and organised.

  7. Business Ownership: Key Terms Match the key term with the statement below: An agreement where a business sells rights to other businesses allowing them to sell products or use the company name.

  8. Business Ownership: Key Terms Match the key term with the statement below: The owner of the business is personally liable for the business debts .

  9. Business Ownership: Key Terms Match the key term with the statement below: The business is not legally separate from the owner.

  10. Business Ownership: Key Terms Match the key term with the statement below: A business whose shares cannot be advertised or sold on the Stock Exchange.

  11. Business Ownership: Key Terms Match the key term with the statement below: Business owners can only lose what they put into the business.

  12. Match the key term with the statement below: Puts money into a business, takes no part in its management, receives limited liability

  13. Business Ownership: Key Terms Match the key term with the statement below: Workers who are responsible for the day to day running of a company

  14. Business Ownership: Key Terms Match the key term with the statement below: Legal separation in limited companies of the individuals in the company and the company itself.

  15. Business Ownership: Key Terms Match the key term with the statement below: The right given by one business to another to sell goods or services using its name.

  16. Business Ownership: Key Terms Match the key term with the statement below: A business owned, and run, by its workers.

  17. Business Ownership: Key Terms Match the key term with the statement below: A business owned by its customers.

  18. Business Ownership: Key Terms Match the key term with the statement below: The business which buys the use of the name.

  19. Business Ownership: Key Terms Match the key term with the statement below: The business which sells the use of the name.

  20. Business Ownership: Key Terms Match the key term with the statement below: A business with branches in more than one country

  21. Business Ownership: Key Terms Match the key term with the statement below: A business owned by the government.

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