Partnership

Business Organisation

Partnership

Multiple Choice

What is the minimum number of owners for a partnership business?

• One

• Two

• Three

• Four

Multiple Choice

What is the maximum number of owners for a Partnership Business?

• Two

• Five

• Twenty

• Fifty

Multiple Choice

The Partnership Deed is a Legal Document:

• True

• False

Multiple Choice

Which of the following Partners takes NO active role in the day to day operations of the Business?

• General

• Unlimited

• Sleeping

• Limited

Multiple Choice

Which of the following partners stand to lose everything if the business fails?

• General

• Unlimited

• Sleeping

• Limited