Uncover the difference between limited and unlimited liabaility! Dive into our FREE worksheet. Perfect for student success. Subscribe for interactive videos and resources. Explore more at our site.
FREE Explainer Video
Overview:
In this video, students learn about the different types of business ownership structures, including sole traders, partnerships, and limited companies. The video discusses the meanings of limited and unlimited liability and how the decision of business ownership impacts a business’s tax payments, profit sharing, and personal responsibility.
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