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  • Part 1 Nlight Revision Sole Trader and Partnership

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    This document contains questions about business studies for an 8th grade class. It asks students to define key business terms like business, sole trader, and partnership. It also asks students to explain the functions of business and describe the features, advantages, and disadvantages of sole traders and partnerships. Students are to complete a table comparing sole traders to partnerships.

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    part 1 nlight revision sole trader and partnership

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    This document contains questions about business studies for an 8th grade class. It asks students to define key business terms like business, sole trader, and partnership. It also asks students to explain the functions of business and describe the features, advantages, and disadvantages of sole traders and partnerships. Students are to complete a table comparing sole traders to partnerships.

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    © All Rights Reserved
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    7 views2 pages

    Part 1 Nlight Revision Sole Trader and Partnership

    Uploaded by

    nlightacademy.edu.mv
    This document contains questions about business studies for an 8th grade class. It asks students to define key business terms like business, sole trader, and partnership. It also asks students to explain the functions of business and describe the features, advantages, and disadvantages of sole traders and partnerships. Students are to complete a table comparing sole traders to partnerships.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 2

    Nlight academy, Huluhumale Grade 8/ Business studies

    BUSINESS STUDIES
    Answer ALL the questions

    1. Define business
    .............................................................................................................................................................
    ........................................................................................................................................................[1]

    2. Explain two function of business


    Function............................................................................................................................................
    ............................................................................................................................................................
    Function............................................................................................................................................
    ........................................................................................................................................................[4]

    3. Define Business organization with aim?


    .............................................................................................................................................................
    ........................................................................................................................................................[1]

    4. Define sole trader?


    .............................................................................................................................................................
    ........................................................................................................................................................[1]

    5. Define Partnership?
    .............................................................................................................................................................
    ........................................................................................................................................................[1]

    1
    Nlight academy, Huluhumale Grade 8/ Business studies

    6. Complete the following table (Explain)


    Sole trader Partnership

    Features ..................................................................... ..............................................................


    ..................................................................... ..............................................................
    ..................................................................... ..............................................................
    ..................................................................... ..............................................................
    ..................................................................... ..............................................................

    Advantage ..................................................................... ..............................................................


    ..................................................................... ..............................................................
    ..................................................................... ..............................................................
    ..................................................................... ..............................................................
    ..................................................................... ..............................................................

    Disadvantage
    ..................................................................... ..............................................................
    ..................................................................... ..............................................................
    ..................................................................... ..............................................................
    ..................................................................... ..............................................................
    ..................................................................... ..............................................................

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