Business 1.4
Business
9th - 12th Grade
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17 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Define sole trader
1 person owns the business
2 or more people own the business
The business is owned by shareholders
They sell the bottom of shoes
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Define partnership
1 person owns the business
2 or more people own the business
The business is owned by shareholders
They sell the bottom of shoes
3.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Which of these types of business ownership has unlimited liability?
Private limited company
Public limited company
Sole trader
Partnership
Private unlimited company
4.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Which of these types of business ownership has limited liability?
Private limited company
Public limited company
Sole trader
Partnership
Private unlimited company
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Define franchisee
The business which sells the rights for others to sell under their name
The business/individual which purchases the rights to sell under another business' name
A business owned by someone named fran
A business owned by shareholders
6.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Which of the following are examples of a franchise?
McDonald's
Subway
King du
Amazon
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which stakeholder can a partnership and sole trader not have?
Shareholder
Government
Employee
Customer
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