Create a worksheet on the learning resources that you compiled in second page of mile stone
A ONE WORD ANSWER
Jane and company beauty salon partnership (2) Jane’s funeral paler undertaking cc – close corporation ( 2) Dimakatso’s restaurant sole trader (2) Perfect hair (PTY) LTD private company (2 ) Perfect hair LTD public company ( 2)
COMPLETE THE SENTENCE FILL IN THE MISSING WORD
CAPITAL, LEGAL ENTITIES, TEN PRIVATE COMPANY, UNLIMITED
The main number of close corporation is --------
(2) A close corporation has------ continuity has one director ( 2) Sole proprietorships and partnerships are not-------- ( 2) Public companies can raise large amount of-------- ( 2) PARAGRAPH (12)
KNOWLEDGE
DISCUSS the advantages and disadvantages of sole proprietorships
( 2) Explain the taxation of a sole proprietorship ( 2) Explain how to establish a sole proprietorship ( 2) Discuss the advantage and disadvantage of partnerships ( 2) Explain the taxation of a partnership ( 2)
[30 ] SKILLS
Compare the different form of ownership in table form
Work productively with a partners
Participate in a classroom discussion
Research the establishing procedures of close corporation and companies on
the internet
VALUES AND ATTITUDES
Respectful interaction with peers
Recognize paying tax as an ethical business practice