I am owned by 1 person- what am I?

Ownership Recap

Quiz
•

E Smith
•
Business
•
8th Grade
•
4 plays
•
Medium
9 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Sole Trader
Partnership
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
I am owned by 2- 20 people- what am I?
Sole Trader
Partnership
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A good thing about being a sole trader is . . .
Make millions instantly
Keep all the profit
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A bad thing about being a sole trader is . . .
You are your own boss
Noone to share the workload
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which business is most likely to be a sole trader?
Hairdresser
Bank
Solicitor
Clothes Shop
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A partnership is owned by 2- 20 people?
True
False
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A good thing about being in a partnership is . . .
You can share skills
Unlimited liability
8.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A bad thing about being in a partnership is . . .
Disagreements
Easier to raise funding
9.
MULTIPLE SELECT QUESTION
1 min • 1 pt
An example of a partnership is...
Accountant
Dentist
Solicitor
All of the above
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