Two or more partners for a business is known as:

T2 Revision Part I

Quiz
•
Other
•
9th - 12th Grade
•
Easy
Farah Khalil
Used 14+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Sole Proprietorship
partnership
company
stock market
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A business that has shareholders is known as:
Sole Proprietorship
Partnership
Company
Stock Market
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Dividends are:
The profits that the family of the owner makes
Money taken as donations
Money that’s distributed amongst the shareholder of a company
HR offerings that are distributed in the company
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
A company is the hardest form of business to start, however it has a positive outcome:
It makes a lot of money
It limits the liabilities the company of the owners
Increased risk
You run the business with many people
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A type of business where the shareholders are responsible for its debt
Sole Prop
Parrtnership
Company
Stock Market
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
If I come up with a new way of importing a certain stock of cotton & introduce that way to the industry, I am a/an __________ entrepreneur
Innovative entrepreneur
Adoptive entrepreneur
Fabian entrepreneur
Social entrepreneur
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
When partnering up with a business partner, it’s important to partner with someone that is:
Very similar to me so we can get along
Different than me so we can clash
Different than me so we can complement one another
It’s best to run my business on my own anyways
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