
SGS Business 1.4.1 Options for startup and small business
Authored by David Tubb
Business
9th - 11th Grade
Used 26+ times

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28 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A sole proprietor has to share the profits made by the business. True or False?
True
False
2.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Select TWO true statements that relate to a sole trader.
Sole traders have limited liability
Sole traders get to make all their own decisions about the business
Sole traders may find it harder to raise funds for the business
Sole traders usually get more holidays than partners or directors
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of business has only one owner?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of business can have two or more employees?
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of business has the most trouble getting financing?
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of business is private?
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of business has unlimited liability?
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