partnership

partnership

10th Grade

10 Qs

quiz-placeholder

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partnership

partnership

Assessment

Quiz

10th Grade

Practice Problem

Medium

Created by

hanan asharaf

Used 186+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is partnership

When you own a company

When there are two or more partners carrying out a company

When you get paid

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

which is NOT an advantage

More capital is available than one

easy to establish

two heads are better than one

each partner is liable

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a type of partnership

Limited Liability Company (LLC)

Limited Partnership (LP)

General partnership (GP)

Restricted Partnership(RP)

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Example of partnership is NOT

SPOTIFY AND UBER

GO PRO AND Red Bull

Red Bull AND UBER

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

How many owners can partnership have

Only 1

Only 2

2 or more

Only 5

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of business does not usually have limited liability

Sole proprietorship

Partnership

Corporation

Limited liability company

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Does partnership share profit

Yes

No

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