Ownership and Liability

Ownership and Liability

Assessment

Interactive Video

Business

University

Hard

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Quizizz Content

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The video tutorial explores various business ownership structures, including sole traders, partnerships, private and public companies, and not-for-profits. It delves into the concepts of ownership and liability, distinguishing between unlimited and limited liability. The tutorial also covers finance options available to businesses based on their structure and discusses the pros and cons of different startup forms. Key insights include the financial responsibilities of business owners and the implications of different legal structures on business operations.

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4 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways can a business attract investors if it has limited liability?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the financial options available for companies with limited liability?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How can partnerships balance strengths and weaknesses among partners?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors should be considered when choosing a business structure?

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