BUSINESS STUDIES - CBT

BUSINESS STUDIES - CBT

7th Grade

37 Qs

quiz-placeholder

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BUSINESS STUDIES - CBT

BUSINESS STUDIES - CBT

Assessment

Quiz

Business

7th Grade

Hard

Created by

JONES OLUWATOSIN

FREE Resource

37 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is owned by one person?
sole propreitorship
partnership
public limited liability company
private limited liability company

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many partners can form a partnership?
2 -10
2 -20
5 - 50
7 - 50

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is a partner that invests money and partakes in the running of a partnership?
active partner
passive partner
estoppel partner
quasi partner

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is another name for an inactive partner?
doorman partner
dormant partner
deed partner
drowsy partner

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following focuses on providing loans to members?
consumers society
loan society
credit and thrift society
credit and profit society

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following can have an infinite number of owners or investors?
sole proprietorship
partnership
private limited liability company
public limited liability company

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not aimed at making a profit?
public limited company
public corporation
private corporation
public unlimited liability company

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