Understanding Business Structures Quiz

Understanding Business Structures Quiz

12th Grade

16 Qs

quiz-placeholder

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Understanding Business Structures Quiz

Understanding Business Structures Quiz

Assessment

Quiz

Education

12th Grade

Medium

Created by

Eche Egbuonu

Used 4+ times

FREE Resource

16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a characteristic of a public limited company?

Shares are not traded on the stock exchange.

Shares can be bought by the general public.

Ownership is restricted to a small group of people.

It cannot raise capital through issuing shares.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is true about a franchise business model?

The franchisee has complete control over the business operations.

The franchisor provides the business model and brand.

Franchises are only available in the food industry.

Franchisees do not pay any fees to the franchisor.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a disadvantage of a public limited company?

Limited access to capital.

Increased regulatory & financial scrutiny.

Difficulty in transferring ownership.

Limited liability for shareholders.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a private limited company, who typically owns the shares?

The general public.

A small group of private investors.

Government entities.

Employees only.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a common feature of a franchise agreement?

The franchisee owns the brand.

The franchisor provides ongoing support and training.

The franchisee can alter the business model freely.

No initial investment is required.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key characteristic of a sole trader?

Limited liability.

Shared ownership.

Full personal liability for debts.

Ability to issue shares.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a requirement for a public limited company in the UK?

Must have at least one director.

Must have a minimum share capital of £50,000.

Must be owned by a single individual.

Must not trade shares publicly.

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