Forms of Business Ownership

How many people can be in a partnership?

• 2
• 2-10
• 2-20
• Unlimited

Who do PLC's sell their shares to?

• General Public
• Family and Friends
• Employees
• Schools

What is the acronym for a private limited liability company?

• PLC

• PVC

• LTD

• PVLC

What is the acronym for a public limited company?

• PLC
• LTD
• PBLC
• PBCLC

What is the biggest risk of starting a new business?

• Losing Money
• Making Money
• Being Successful
• Failing

What is a charity?

• A business who makes profit
• A business who aims to help others
• An online business
• A service

Which of the following is an example of a franchise?

• McDonalds
• Lightcliffe Academy
• Sports Direct
• Primark

Who is a franchisor?

• A person who sells a franchise
• A person who makes franchises
• A person who buys a franchise
• A person who destroys franchises

Which of the following is an advantage of a partnership?

• Unlimited Liability
• Arguments
• Shared responsibility
• Less investors

Who do LTD's sell their shares to?

• Employees
• General Public
• Family and Friends
• Schools