2.1.3

Question 1

How can you remember whether what type a business is?

Answer 1

UNincorporated and UNlimited Liabity

Question 2

Pro of Limited liability

Answer 2

You can only loose initial investment

Question 3

What are Unlimited Liability types of businesses?

Answer 3

Sole Trader and Partnership

Question 4

What are Limited liability types of businesses?

Answer 4

Private limited companies and Public Limited companies