Business 1.4

Business 1.4

9th - 12th Grade

17 Qs

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Business 1.4

Business 1.4

Assessment

Quiz

Business

9th - 12th Grade

Practice Problem

Hard

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17 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Define sole trader

1 person owns the business

2 or more people own the business

The business is owned by shareholders

They sell the bottom of shoes

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Define partnership

1 person owns the business

2 or more people own the business

The business is owned by shareholders

They sell the bottom of shoes

3.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which of these types of business ownership has unlimited liability?

Private limited company

Public limited company

Sole trader

Partnership

Private unlimited company

4.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which of these types of business ownership has limited liability?

Private limited company

Public limited company

Sole trader

Partnership

Private unlimited company

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Define franchisee

The business which sells the rights for others to sell under their name

The business/individual which purchases the rights to sell under another business' name

A business owned by someone named fran

A business owned by shareholders

6.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which of the following are examples of a franchise?

McDonald's

Subway

King du

Amazon

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which stakeholder can a partnership and sole trader not have?

Shareholder

Government

Employee

Customer

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