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trap
No points!
Oops!
×
gold
Win 50 points!
Okay!
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rocket
Go to first place!
Okay!
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thief
Give points!
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15
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__________ are legal agreements between two or more parties.
Contracts
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Check
15
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A ________ is an individual or institution that owns shares in a company.
share holder
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15
×
What does 'structure' mean in business?
The building where business operates
The products a business sells
How a business is organized and set up
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15
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Which tax do sole traders typically pay?
Business tax
Income tax
Corporation tax
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Check
15
×
Oops!
Check
Okay!
Check
15
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What are 'accounts' in business?
Lists of customers
Financial records showing money in and out
Stories about the business
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15
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What does 'sole trader' mean?
A person who runs a business by themselves
A person who works alone in an office
A person who sells shoes
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Check
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seesaw
Swap points!
Oops!
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magnet
Take 20 points!
Okay!
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rocket
Go to first place!
Okay!
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thief
Give points!
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15
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The __________ are the financial records of a firmâs transactions.
accounts
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Check
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banana
Go to last place!
Oops!
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gift
Win 10 points!
Okay!
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fairy
Take points!
5
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25
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thief
Give points!
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15
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A __________ is a business owned by two or more people who share the profits and responsibilities.
partnership
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15
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What does 'register' a business mean?
To officially record your business with the government
To write down your business ideas
To advertise your business
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15
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What does 'pay debts' mean?
To count your money
To receive money from customers
To give money that you owe to others
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15
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What does 'limited liability' mean?
Your personal possessions are protected from business debts
You have limited control over the business
You can only work limited hours
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15
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What are 'earnings'?
The hours you work
The money you make from work or business
The things you learn
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