BM Week 4: Private, For Profit, and Non-Profits

BM Week 4: Private, For Profit, and Non-Profits

10th Grade

25 Qs

quiz-placeholder

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BM Week 4: Private, For Profit, and Non-Profits

BM Week 4: Private, For Profit, and Non-Profits

Assessment

Quiz

Other

10th Grade

Hard

Created by

Alexander Dulanovic

FREE Resource

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25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Shareholders are the joint owners of a limited liability company.

true

false

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt


Shareholders participate in the day-to-day running of the company.

true

false

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The liability of shareholders is restricted to the capital they invested in the company.

true

false

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A company is a separate legal entity from its owners.

true

false

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The board of directors has decision-making authority within the company.

true

false

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Shares in the company are transferable but require consent of other shareholders.

true

false

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Shares in the company can be bought and sold only through a stock exchange.

true

false

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