Ownerships 3.0 / 5 based on 1 rating ? Business StudiesASEdexcel Created by: Kiran AtwalCreated on: 11-11-12 19:45 What are the advantages/disadvantages of a sole trader? +keep all the profits, +make decisions, -unlimited liability, -stress, - long hours 1 of 6 What are the advantages/disadvantages of a partnership? +specialist in a key area, +share liability, -unlimited liability, -share profits, -disagreements 2 of 6 What are the advantages/disadvantages of a private limited company? +limited liability, +select your shareholders, +sell shares to raise finance, -risk of a takeover, -limited liability 3 of 6 What are the advantages/disadvantages of a public limited company? +limited liability, +large amount of finances, -risk of a takeover 4 of 6 What happens when interest rates are high? Saving increases, and spending reduces 5 of 6 What happens when interest rates are low? Saving reduces, and spending increases 6 of 6
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