Task C2.1 Features of a business structure

Step 1 of 10

Complete the following fill in the blanks questions by using the terms from the list provided. A term may be used more than once and all terms should be used at least once. 

losses

partnership

company

agreement

shareholders

unlimited liability

dividends

regulation

trustee

profit

decision making

beneficiaries

capital

sole trader

knowledge and skills

workload

 

  • Fact 10

    In 1936, at the request of the Australian Wool Growers Council, a wool tax was imposed to help the production of wool and to extend the use of wool throughout the world. It was levied at 6d (about 5c) per bale on all sales of shorn wool produced in Australia.

Fringe benefit

A benefit received by employees from their employer instead of salary or wages, such as the use of a car for private purposes.

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