Business Ownership
11th Grade
•10 Qs
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Business Ownership
Quiz
•
Business
•
11th Grade
•
Easy
S Knight-Geddes
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of liability does a partnership have?
Limited
Unlimited
Private
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a public limited company often abbreviated as?
Ltd
LLP
Plc
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which business has limited liability?
Public Limited Company
Partnerships
Franchise
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many owners does a sole trader have?
1
2
Any amount
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these businesses is in the third/voluntary sector?
Sole trader
Partnership
Social Enterprise
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which business sells the license for trading under its brand name
Private Limited Company
Public Limited Company
Franchise
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these is a drawback of being in an Ltd?
There are more ideas in the business
The owners have to give away a share of the business profits
There is unlimited liability
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