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ZETEC UNIVERSITY

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BUSINESS
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Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. The taxation ...

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  • Class notes
  •  • 9 pages's • 
  • by ndegwasimonkariuki • 
  • uploaded  2023
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Business and economics
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$8.49

Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. The taxation ...

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  • Class notes
  •  • 3 pages's • 
  • by ndegwasimonkariuki • 
  • uploaded  2023
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