Business Ownership
Authored by D H
Business
1st - 12th Grade
Used 127+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a form of business ownership in which 2 or more people jointly owns a business
Sole Trader
Company
Partnership
Shareholder
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the name of a person who owns part of a corporation?
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an advantage of a partnership?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is meant by 'limited liability'?
Your personal possessions can be taken
You only lose the money you put into the business
You get a part of a business
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the most common form of business ownership?
Corporation
Company
Sole Trader
LLC
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The major policy and financial decision makers of a corporation are determined by the...
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Owned by one individual.
Sole Trader
Partnership
Corporation
None of the above
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