sole trader, partnership and LTD

sole trader, partnership and LTD

7th - 12th Grade

10 Qs

quiz-placeholder

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sole trader, partnership and LTD

sole trader, partnership and LTD

Assessment

Quiz

Business

7th - 12th Grade

Easy

Created by

lionel tendwa

Used 2+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Private Limited Companies are owned by

Sole Traders

Partners

Shareholders

The Government

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sole Traders have

Unlimited Liability

Limited Liability

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Private Limited Companies have

Limited Liability

Unlimited Liability

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Partnerships have

Limited Liability

Unlimited Liability

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sole Traders, Partnerships and Private Limited Companies are in which sector of the Economy?

Private Sector

Public Sector

Third Sector

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the least complicated to set up?

Sole Trader

Partnership

Private Limited Company

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many People can be in a Partnership?

Unlimited

2 only

Between 2 & 20

Between 2 & 10

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