920317524

Mdayi Matlhako

Learning Outcomes: LO1, AS2 and 5

MILESTONE ASSIRNMENT 3 : SCRIBD CONTENT

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

Appreciate businesses as vehicles to combat