Business structures

Business structures

12th Grade

16 Qs

quiz-placeholder

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Business structures

Business structures

Assessment

Quiz

Business

12th Grade

Medium

Created by

BARBARA QUATTRO

Used 5+ times

FREE Resource

16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What's the simplest and most common type of business?

Partnerships

Sole traders

Limited companies

Cooperatives

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The sole trader has...

Limited liability

Unlimited liability

Limited profit

Unlimited debts

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Partnerships can be:

unlimited (or ordinary) and limited

unlimited and limited (or ordinary)

ordinary and extraordinary

all of the above

4.

OPEN ENDED QUESTION

45 sec • 1 pt

Find a synonym of "liability":

Evaluate responses using AI:

OFF

5.

OPEN ENDED QUESTION

45 sec • 1 pt

What's a contrary for "profit"?

Evaluate responses using AI:

OFF

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Plumber, baker and hairdresser are examples of...

... cooperatives

... franchising

sole traders

...limited companies

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Limited companies have a separate legal identity.

True

False

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