Quiz: How Legal Structure Affects Stakeholders
WJEC Eduqas GCE A LEVEL in BUSINESS specification
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Building on what you've learned about business structures, let's explore how legal structures impact stakeholders!
Which of the following stakeholders is most affected by a company’s decision to have limited liability?
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A {{blank0}} is a legal structure where liability is limited to the amount invested in the business.
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Which of the following are true about sole traders? (Select all that apply)
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Match the items on the left with their correct pairs on the right
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Which legal structure is best for raising large amounts of capital?
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In a partnership, partners share both {{blank0}} and {{blank1}}.
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Match the items on the left with their correct pairs on the right
Which stakeholder group benefits most when a business grows from a partnership to a private limited company?
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What are the disadvantages of unlimited liability for stakeholders? (Select all that apply)
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