Business Ownership Quiz

Business Ownership Quiz

12th Grade

35 Qs

quiz-placeholder

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Business Ownership Quiz

Business Ownership Quiz

Assessment

Quiz

Business

12th Grade

Practice Problem

Medium

Created by

Laura Pratt

Used 3+ times

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35 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the three main categories of business ownership?

Sole Proprietorship, Partnership, Corporation

Private Ownership, Public Ownership, Not for Profit

Franchise, Cooperative, Joint Venture

Limited Liability, Unlimited Liability, Partnership

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of business is owned and controlled by one person, although they may employ workers?

Sole trader

Partnership

Private limited company

Public limited company

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a business owned by more than one person called?

Sole trader

Partnership

Private limited company

Public limited company

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of business is a larger business able to sell shares on the stock exchange?

Sole trader

Partnership

Private limited company

Public limited company

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of business is owned by its shareholders but managed and controlled by directors?

Sole trader

Partnership

Private limited company

Public limited company

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Evie runs a small bakery by herself, although she has a few employees. What is her business called?

Partnership

Sole Trader

Private limited company

Public limited company

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of business is owned by more than one person?

Sole Trader

Partnership

Private limited company

Public limited company

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