Αποτελέσματα Αναζήτησης
• Outline the forms of ownership and classify them into profit and non-profit organisation. • Define the meaning of different forms of ownership. • Explain/Discuss/Describe the characteristics/ advantages/disadvantages of each form of ownership. • Distinguish/Tabulate/Differentiate/Compare different forms of ownership.
Form of ownership The legal position of the business and the way it is owned. Continuity Continue to exist even if a change of ownership takes place, e a member or shareholder dies or retires.
TERM DEFINITION. Form of ownership The legal position of the business and the way it is owned. Continuity Continue to exist even if a change of ownership takes place, e.g a. member or shareholder dies or retires.
Sharing of profits and losses in a partnership. According to the specific ratio agreed upon in the Partnership agreement. Study with Quizlet and memorize flashcards containing terms like Borrowed capital, Own capital, working capital and more.
Study with Quizlet and memorize flashcards containing terms like Choosing the correct Form of Ownership, Characteristics of a Sole Proprietorship, Advantages of a Sole Proprietorship and more.
BUSINESS STUDIES GRADE 10 TERM TWO CHAPTER 9 FORMS OF OWNERSHIP 2020 TABLE OF CONTENTS TOPICS PAGES. Exam guidelines for forms of ownership 3 Terms and definitions 4 Factors that must be considered when choosing a form of ownership. 5. Differences between profit and non-profit organisations/companies. 5
business owners are responsible for all the business debts. Memorandum of Incorporation (MOI) a document that sets out the rights, duties and responsibilities of shareholders, directors and other stakeholders within the business.
