Ownership Types Quiz

A _______ is money that is owed to someone else.

A small part of the company that is worth money

Which of these are true about shares?

• They can always be sold to anyone.

• A share gives some control over a company

• It's a small part of the company that can be bought or sold

• They can be bought but they can't be sold

Which businesses can issue shares to raise money for the business?

• Public limited company

• Private limited company

• Sole trader

• Partnership

Which band is this?

• EXO

• BIGBANG

• Stray Kids

• Wanna One

What kind of business has just one person owning it?

What kind of businesses are best for small companies?

• Sole trader

• Partnership

• Public limited company

• Private limited company

What are TWO disadvantages of a partnership?

• The partners can argue

• They are difficult to set up

• Partnerships can sell shares

• The partners have to share profits

Which business ownership types have limited liability (the owners don't have to pay company debts?)

• Sole trader

• Partnership

• Public limited company

• Private limited company

Which logo is this?

• Logo

• Nintendo Switch

• Target

• Marvel