Ownership
10th Grade
•5 Qs
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Ownership
Quiz
•
Business
•
10th Grade
•
Easy
Laura Jakes
Used 1+ times
FREE Resource
5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which of the following is a disadvantage of a partnership?
Pressure of being solely responsible
Have to share the profits
Easy to set up
More ideas
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What is the liability for a sole trader?
Limited Reliability
Not for profit
Limited Liability
Unlimited Liability
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which type of ownership allows you to sell shares on the stock market?
Public Limited Company
Private Limited Company
Sole Trader
Partnership
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What is the minimum amount of capital needed to be a Public Limited Company (Plc)?
£100,000
£25,000
£50,000
£75,000
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Being able to keep all of the profits is a benefit of which type of ownership?
Public Limited Company (Plc)
Private Limited Company (Ltd)
Partneship
Sole Trader
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