T2 Revision Part I

T2 Revision Part I

9th - 12th Grade

10 Qs

quiz-placeholder

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T2 Revision Part I

T2 Revision Part I

Assessment

Quiz

Other

9th - 12th Grade

Easy

Created by

Farah Khalil

Used 14+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Two or more partners for a business is known as:

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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