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Business question layout

  • 07-11-2013 7:48pm
    #1
    Banned (with Prison Access) Posts: 32


    For the question
    "Distinguish between a sole trader and a partnerships as part of a business organisation"

    Can you lay it out in this form using bullet points

    Sole trader
    .
    .
    .


    Partnership
    .
    .
    .


Comments

  • Registered Users, Registered Users 2 Posts: 434 ✭✭TheBoffin


    Would be best to give a definition of each then use bullet points to outline 3 distinguishing factors of each.

    For Example:

    A Sole trader is .............................................

    Sole Traders

    *
    *
    *


    A Partnership is ..............................................

    A Partnership

    *
    *
    *


  • Banned (with Prison Access) Posts: 32 trades101


    TheBoffin wrote: »
    Would be best to give a definition of each then use bullet points to outline 3 distinguishing factors of each.

    For Example:

    A Sole trader is .............................................

    Sole Traders

    *
    *
    *


    A Partnership is ..............................................

    A Partnership

    *
    *
    *


    Thanks you ðŸ‘


  • Banned (with Prison Access) Posts: 32 trades101


    What do you think of this answer
    15 marks avaliable


  • Registered Users, Registered Users 2 Posts: 434 ✭✭TheBoffin


    I think the answer is good, my neck doesn't really like it lol (its sideways)

    I would change the example of Centra to something else like a corner shop. Centra is a franchise and while indeed you are correct in saying sole trader, it could also be seen as a partnership with the franchiser (depends on your teacher)

    Other than that it looks good!


  • Banned (with Prison Access) Posts: 32 trades101


    TheBoffin wrote: »
    I think the answer is good, my neck doesn't really like it lol (its sideways)

    I would change the example of Centra to something else like a corner shop. Centra is a franchise and while indeed you are correct in saying sole trader, it could also be seen as a partnership with the franchiser (depends on your teacher)

    Other than that it looks good!

    Hahaha sorry didn't realise it was sideways :)

    Thanks for the advice i was going to say corner shop or convenience shop but just taught a named example would be better. Obviously not.

    What mark out of 15 do you think i will get ?


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  • Registered Users, Registered Users 2 Posts: 434 ✭✭TheBoffin


    I would say you will be in the running for a decent mark. Again it depends on the teacher correcting it.

    Newsagent is the word I was trying to think of earlier :)

    Best of luck with it.


  • Banned (with Prison Access) Posts: 32 trades101


    TheBoffin wrote: »
    I would say you will be in the running for a decent mark. Again it depends on the teacher correcting it.

    Newsagent is the word I was trying to think of earlier :)

    Best of luck with it.

    Thanks
    Mocks start Feb 4th so i have picked up my revision and studying since monday. Questions are the only way i can study


  • Registered Users, Registered Users 2 Posts: 434 ✭✭TheBoffin


    Excellent, well done on the initiative to get studying. Don't be afraid to do lots of questions at home and ask your teacher if they would mind having a look at them when they have time. My Leaving cert was a long time ago, so your teacher will most likely offer better advice than me. I am a physics, maths and applied maths person :)

    Best of luck with it. Hope it goes well!


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