1. GCSE Business StudiesBusiness Ownership- Key Terms Sole TraderPublic Limited CompanyWorker co-operative PartnershipUnincorporatedFranchise Sleeping PartnerIncorporationFranchisor Deed of PartnershipLimited LiabilityFranchisee Unlimited LiabilityShareholdersMulti national company BankruptCo-operativePublic corporation Private Limited CompanyRetail co-operativeManagers A business owned by 2 - 20 people. They will usually have unlimited liability. Business Ownership: Key Terms Match the key term with the statement below:

2. GCSE Business StudiesBusiness Ownership- Key Terms Sole TraderPublic Limited CompanyWorker co-operative PartnershipUnincorporatedFranchise Sleeping PartnerIncorporationFranchisor Deed of PartnershipLimited LiabilityFranchisee Unlimited LiabilityShareholdersMulti national company BankruptCo-operativePublic corporation Private Limited CompanyRetail co-operativeManagers A business is only liable for the amount of money invested in the business. Business Ownership: Key Terms Match the key term with the statement below:

3. GCSE Business StudiesBusiness Ownership- Key Terms Sole TraderPublic Limited CompanyWorker co-operative PartnershipUnincorporatedFranchise Sleeping PartnerIncorporationFranchisor Deed of PartnershipLimited LiabilityFranchisee Unlimited LiabilityShareholdersMulti national company BankruptCo-operativePublic corporation Private Limited CompanyRetail co-operativeManagers Someone who owns and controls their own business. Business Ownership: Key Terms Match the key term with the statement below:

4. GCSE Business StudiesBusiness Ownership- Key Terms Sole TraderPublic Limited CompanyWorker co-operative PartnershipUnincorporatedFranchise Sleeping PartnerIncorporationFranchisor Deed of PartnershipLimited LiabilityFranchisee Unlimited LiabilityShareholdersMulti national company BankruptCo-operativePublic corporation Private Limited CompanyRetail co-operativeManagers A business organisation run and owned jointly by the employees who have equal voting rights. Business Ownership: Key Terms Match the key term with the statement below:

5. GCSE Business StudiesBusiness Ownership- Key Terms Sole TraderPublic Limited CompanyWorker co-operative PartnershipUnincorporatedFranchise Sleeping PartnerIncorporationFranchisor Deed of PartnershipLimited LiabilityFranchisee Unlimited LiabilityShareholdersMulti national company BankruptCo-operativePublic corporation Private Limited CompanyRetail co-operativeManagers The shares of this business can be bought and sold on the stock exchange. Business Ownership: Key Terms Match the key term with the statement below:

6. GCSE Business StudiesBusiness Ownership- Key Terms Sole TraderPublic Limited CompanyWorker co-operative PartnershipUnincorporatedFranchise Sleeping PartnerIncorporationFranchisor Deed of PartnershipLimited LiabilityFranchisee Unlimited LiabilityShareholdersMulti national company BankruptCo-operativePublic corporation Private Limited CompanyRetail co-operativeManagers The legal contract which governs how a partnership will be owned and organised. Business Ownership: Key Terms Match the key term with the statement below:

7. GCSE Business StudiesBusiness Ownership- Key Terms Sole TraderPublic Limited CompanyWorker co-operative PartnershipUnincorporatedFranchise Sleeping PartnerIncorporationFranchisor Deed of PartnershipLimited LiabilityFranchisee Unlimited LiabilityShareholdersMulti national company BankruptCo-operativePublic corporation Private Limited CompanyRetail co-operativeManagers An agreement where a business sells rights to other businesses allowing them to sell products or use the company name. Business Ownership: Key Terms Match the key term with the statement below:

8. GCSE Business StudiesBusiness Ownership- Key Terms Sole TraderPublic Limited CompanyWorker co-operative PartnershipUnincorporatedFranchise Sleeping PartnerIncorporationFranchisor Deed of PartnershipLimited LiabilityFranchisee Unlimited LiabilityShareholdersMulti national company BankruptCo-operativePublic corporation Private Limited CompanyRetail co-operativeManagers The owner of the business is personally liable for the business debts. Business Ownership: Key Terms Match the key term with the statement below:

9. GCSE Business StudiesBusiness Ownership- Key Terms Sole TraderPublic Limited CompanyWorker co-operative PartnershipUnincorporatedFranchise Sleeping PartnerIncorporationFranchisor Deed of PartnershipLimited LiabilityFranchisee Unlimited LiabilityShareholdersMulti national company BankruptCo-operativePublic corporation Private Limited CompanyRetail co-operativeManagers The business is not legally separate from the owner. Business Ownership: Key Terms Match the key term with the statement below:

10. GCSE Business StudiesBusiness Ownership- Key Terms Sole TraderPublic Limited CompanyWorker co-operative PartnershipUnincorporatedFranchise Sleeping PartnerIncorporationFranchisor Deed of PartnershipLimited LiabilityFranchisee Unlimited LiabilityShareholdersMulti national company BankruptCo-operativePublic corporation Private Limited CompanyRetail co-operativeManagers A business whose shares cannot be advertised or sold on the Stock Exchange. Business Ownership: Key Terms Match the key term with the statement below:

11. GCSE Business StudiesBusiness Ownership- Key Terms Sole TraderPublic Limited CompanyWorker co-operative PartnershipUnincorporatedFranchise Sleeping PartnerIncorporationFranchisor Deed of PartnershipLimited LiabilityFranchisee Unlimited LiabilityShareholdersMulti national company BankruptCo-operativePublic corporation Private Limited CompanyRetail co-operativeManagers Business owners can only lose what they put into the business. Business Ownership: Key Terms Match the key term with the statement below:

12. GCSE Business StudiesBusiness Ownership- Key Terms Sole TraderPublic Limited CompanyWorker co-operative PartnershipUnincorporatedFranchise Sleeping PartnerIncorporationFranchisor Deed of PartnershipLimited LiabilityFranchisee Unlimited LiabilityShareholdersMulti national company BankruptCo-operativePublic corporation Private Limited CompanyRetail co-operativeManagers Puts money into a business, takes no part in its management, receives limited liability Match the key term with the statement below:

13. GCSE Business StudiesBusiness Ownership- Key Terms Sole TraderPublic Limited CompanyWorker co-operative PartnershipUnincorporatedFranchise Sleeping PartnerIncorporationFranchisor Deed of PartnershipLimited LiabilityFranchisee Unlimited LiabilityShareholdersMulti national company BankruptCo-operativePublic corporation Private Limited CompanyRetail co-operativeManagers Workers who are responsible for the day to day running of a company Business Ownership: Key Terms Match the key term with the statement below:

14. GCSE Business StudiesBusiness Ownership- Key Terms Sole TraderPublic Limited CompanyWorker co-operative PartnershipUnincorporatedFranchise Sleeping PartnerIncorporationFranchisor Deed of PartnershipLimited LiabilityFranchisee Unlimited LiabilityShareholdersMulti national company BankruptCo-operativePublic corporation Private Limited CompanyRetail co-operativeManagers Legal separation in limited companies of the individuals in the company and the company itself. Business Ownership: Key Terms Match the key term with the statement below:

15. GCSE Business StudiesBusiness Ownership- Key Terms Sole TraderPublic Limited CompanyWorker co-operative PartnershipUnincorporatedFranchise Sleeping PartnerIncorporationFranchisor Deed of PartnershipLimited LiabilityFranchisee Unlimited LiabilityShareholdersMulti national company BankruptCo-operativePublic corporation Private Limited CompanyRetail co-operativeManagers The right given by one business to another to sell goods or services using its name. Business Ownership: Key Terms Match the key term with the statement below:

16. GCSE Business StudiesBusiness Ownership- Key Terms Sole TraderPublic Limited CompanyWorker co-operative PartnershipUnincorporatedFranchise Sleeping PartnerIncorporationFranchisor Deed of PartnershipLimited LiabilityFranchisee Unlimited LiabilityShareholdersMulti national company BankruptCo-operativePublic corporation Private Limited CompanyRetail co-operativeManagers A business owned, and run, by its workers. Business Ownership: Key Terms Match the key term with the statement below:

17. GCSE Business StudiesBusiness Ownership- Key Terms Sole TraderPublic Limited CompanyWorker co-operative PartnershipUnincorporatedFranchise Sleeping PartnerIncorporationFranchisor Deed of PartnershipLimited LiabilityFranchisee Unlimited LiabilityShareholdersMulti national company BankruptCo-operativePublic corporation Private Limited CompanyRetail co-operativeManagers A business owned by its customers. Business Ownership: Key Terms Match the key term with the statement below:

18. GCSE Business StudiesBusiness Ownership- Key Terms Sole TraderPublic Limited CompanyWorker co-operative PartnershipUnincorporatedFranchise Sleeping PartnerIncorporationFranchisor Deed of PartnershipLimited LiabilityFranchisee Unlimited LiabilityShareholdersMulti national company BankruptCo-operativePublic corporation Private Limited CompanyRetail co-operativeManagers The business which buys the use of the name. Business Ownership: Key Terms Match the key term with the statement below:

19. GCSE Business StudiesBusiness Ownership- Key Terms Sole TraderPublic Limited CompanyWorker co-operative PartnershipUnincorporatedFranchise Sleeping PartnerIncorporationFranchisor Deed of PartnershipLimited LiabilityFranchisee Unlimited LiabilityShareholdersMulti national company BankruptCo-operativePublic corporation Private Limited CompanyRetail co-operativeManagers The business which sells the use of the name. Business Ownership: Key Terms Match the key term with the statement below:

20. GCSE Business StudiesBusiness Ownership- Key Terms Sole TraderPublic Limited CompanyWorker co-operative PartnershipUnincorporatedFranchise Sleeping PartnerIncorporationFranchisor Deed of PartnershipLimited LiabilityFranchisee Unlimited LiabilityShareholdersMulti national company BankruptCo-operativePublic corporation Private Limited CompanyRetail co-operativeManagers A business with branches in more than one country Business Ownership: Key Terms Match the key term with the statement below:

21. GCSE Business StudiesBusiness Ownership- Key Terms Sole TraderPublic Limited CompanyWorker co-operative PartnershipUnincorporatedFranchise Sleeping PartnerIncorporationFranchisor Deed of PartnershipLimited LiabilityFranchisee Unlimited LiabilityShareholdersMulti national company BankruptCo-operativePublic corporation Private Limited CompanyRetail co-operativeManagers A business owned by the government. Business Ownership: Key Terms Match the key term with the statement below: