Forms of Business (LC 2027) (Leaving Cert Business): Flashcards
📚Flashcards
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Practise the cards
10 cards from this deck
Business ownership structure
Business ownership structure
Legal form a business organisation takes
Liability type for sole traders
Liability type for sole traders
Unlimited liability
Max shareholders in private limited company
Max shareholders in private limited company
Up to 149 shareholders
Corporation tax rate for private limited companies
Corporation tax rate for private limited companies
12.5%
Where PLC shares are bought and sold
Where PLC shares are bought and sold
Stock exchanges
Primary purpose of public enterprises
Primary purpose of public enterprises
Provide essential services over profit generation
Party that licenses business system in franchise
Party that licenses business system in franchise
Franchisor
Voting system in co-operatives
Voting system in co-operatives
One member, one vote
Ownership in not-for-profit enterprises
Ownership in not-for-profit enterprises
No individual or group holds ownership rights
Number employed by public sector in Ireland
Number employed by public sector in Ireland
Over 400,000 people