Company law in context

3.5 Review of learning outcomes

Decide for yourself, by working through the table below, whether you have satisfied the learning outcomes for Part B.

I am confident that I have a sufficiently comprehensive understanding to enable me to move on. I am sufficiently confident in my understanding to enable me to move on, but I am aware that I need to revisit the material later. I found this difficult to understand and need to look over it again before moving on.
You should be able to:
1 Identify the main types of business medium.
2 Demonstrate an understanding of the key characteristics of businesses run as sole traders.
3 Demonstrate an understanding of the key characteristics of businesses run in partnership.
4 Identify in broad terms where the risks of business failure lie.
5 Determine what are the assets and liabilities of a business using numeracy skills (Activities 5, 8 and 9).