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Business Ownership

Junior Cert business studies

TermDefinition
Sole Trader Is a person who owns, manages and provides the money for a business.
Private Limited Company Is a business owned by shareholders who provide the capital of the business. The shareholders have limited liability and receive a dividend of the company makes a profit
Limited Liability Means the share holders cannot loose their private property to pay for the debts of the buisness
Co-operative Is a business organisation set up by and run by the benefit of a group of people who share a common interest
Popular Business sets

 

 



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