The type of business unit which is described as sole trader (or sole proprietor) is one which is owned, run and controlled by one person.
A. master
B. owner
C. manager
D. worker
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The type of sole trader business is often found in retailing and direct services.
A. selling small quantities of goods
B. investing a large amount of money
C. selling large quantities of goods
D. investing a small amount of money
A partner who contributes more capital will receive a bigger share of the profits.
A. charges
B. shares
C. invests
D. has
For the very large organizations of modern industry and commerce, the amount of capital needed and the potential losses which might result from collapse are very large.
A. future
B. possible
C. reliable
D. acceptable
In "limited"partnerships, a partner can limit his liability to the amount he contributes.
A. debts
B. responsibility
C. loss
D. promise