Online teaching

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Features of business units

Author: Baey See Hion
Description: Pick and drop the features into the correct box.
Keywords: , , , , , , online teaching

1. Sole proprietorship
2. Partnership
3. Company
4. group_name4

0. one owner business.
1. oldest and most common form of business.
2. easy to start with limited funds.
3. Scale of operation is usually small
4. 2 to 20 owners.
5. Important to have written and oral agreement.
6. Partners pool their resources to start business.
7. Funds invested by partners may be different.
8. P%26L of the partnership are borne proportionately.
9. It is a legal entity to carry out business.
10. Losses are limited to amount invested.
11. The business has right to own the property.