Discuss the characteristics of the following forms of ownerships o Trader (6)
12 Partnership (6)
2. Wnte a brief explanation for each of the following terms:
21 Umited habuity (2)
22 Legal personality (2)
2.3. Continuity of existence. (2)
ACTIVITY (07/09/21)
Paul decided to run his own tax business.
1.1 identify the form of ownership of Paul's business. Motivate your answer. (3)
1 2 ust THREE benefits of Paul's type of business ownership. (3)
13 Ust THREE similarities between Paul's business ownership and a partnership. (6)
1 Analyse the benefits and challenges of establishing a company versus other forms of ownership​