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Forms of Business

keywords for JC Forms of Business

TermDefinition
Sole Trader Business that is owned and controlled by one person
Unlimited Liability Person is responsible for all the debts of the business even to the extent of losing private property
Private Limited Company Business owned by 1-99 shareholders where the liability of the shareholders is limited
State Ownership A business that is owned and controlled by the Government and managed by Government minister
Created by: larky
Popular Business sets

 

 



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