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I. Objectives:
At the end of the lesson, students are expected to:
a.) Identify the basic patterns of business ownership: Sole Proprietorship,
Partnership and Corporation.
b.) Differentiate Sole Proprietorship from Partnership; Corporation from
c.) Explain the importance of having a business.
II. Subject Matter:
Topic: Patterns of Business Ownership: Sole Proprietorship and Partnership
References: Technology and Livelihood Education III, pgs. 374 376
Basic Accounting 12th Edition, pg. 10
Partnership and Corporation Accounting 11th Edition, pgs. 1-2 1-17
Authors: Rita de los Santos, et al
Win Ballada and Susan Ballada
Materials: illustration board, paint, cartolina, glue, art materials, scissors, pictures,
Manila paper
III. Procedure:
A. Preliminary Activities
Prayer, Greetings, Checking of Attendance, Setting of Classroom
B. Review
The class will be playing a matching game. Column A contains the
different components of a business plan while column B contains the different
attributes or examples of those components. They just need to match the correct
description from its corresponding components. The student who will be
answering it will be determined through the singing of a song introduced by the
teacher. A flower will be passed on to each student from the first row to the last
and back again. The moment the teacher taps the table then the one holding the
flower will come in front and answer.
C. Motivation
Instruct students to close their eyes. Let them imagine the different
businesses they have seen while roaming around the city. Ask them to give at
least four businesses based on what they had in mind.

D. Lesson Proper
a.) Pre-Activity
The teacher will introduce the new lesson about the patterns of business
ownership: sole proprietorship, partnership, corporation and the cooperative.
Furthermore, she will give instructions for the next activity.
b.) Activity Proper
The class will be divided into four groups. Each group will have to choose
one representative to go in front and pick from the rolled papers provided by the
teacher. Their presentation will depend on what basic pattern they have picked.
The rubrics in grading the presentation will be posted on the board.
c.) Post Activity:
The scores and suggestions for each group will be given and the
importance of the activity will be discussed. The teacher will give additional
information on the part which she thinks was not fully covered by the students.
d.) Generalization:
What have you learned on the different patterns of business ownership?
e.) Valuing:
Cooperation among members, thriftiness to save more, working hard
towards attaining desired goal, patience in dealing with customers.
IV. Evaluation:
Write the letter of your answer.
1. What pattern of business ownership has the powers, attributes, and properties
expressly authorized by law or incident to its existence?
a. Partnership

b. Corporation

c. Sole Proprietorship

d. Cooperative

2. What is the difference between the sole proprietorship and partnership?

a. number of members b. settling of obligations c. dissolution d. business for profit
3. In what attribute do corporation and cooperative differ from each other?
a. perpetual existence

b. limited liability

c. management d. ownership

4. In one sentence or phrase explain the importance of business.

V. Assignment
Give the advantages and disadvantages of the different patterns of business

Noted by:
Ellen J. Cheng

Prepared by:
Flora Mae T. Aznar