what is unlimited liability?
IGCSE Business Studies
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IGCSE Business Studies
Quiz
•
Business
•
11th Grade
•
Medium
Economics Teacher
Used 3K+ times
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42 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Personal possessions CAN be taken to repay a debt
Personal possessions CANNOT be taken to repay a debt
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is a sole trader?
One person who works for a business
One person who sues a business
One person who leaves a business
One person who owns and runs a business
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What happens in the primary sector?
Raw materials are sourced
Products are made
Products/services provided to customers
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What happens in the secondary sector?
Raw materials are sourced
Products are made
Products/services provided to customers
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What happens in the tertiary sector?
Raw materials are sourced
Products are made
Services provided to customers
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What sector would a SCHOOL be part of?
Primary
Secondary
Tertiary
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which sector would a CAR FACTORY be part of?
Primary
Secondary
Tertiary
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