Business Entities in Malaysia
University
•12 Qs
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Business Entities in Malaysia
Quiz
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Business
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12 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which business entity is owned by one person?
Partnership
Sole Proprietorship
LLP
Company
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which entity requires registration under Companies Act 2016?
Sole Proprietorship
LLP
Partnership
Company
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which entity offers limited liability to partners?
Partnership
Sole Proprietorship
LLP
All above
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which business entity is taxed separately from owners?
Sole Proprietorship
Company
Partnership
LLP
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which entity must have at least two partners?
Sole Proprietorship
Partnership
LLP
Company
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which entity allows perpetual succession?
Sole Proprietorship
Partnership
LLP
All above
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Company shares can be transferred to others easily?
Only sole proprietorship
Yes, in public company
Yes, in all companies
No, never
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