Forms of Business Ownership
Authored by Jade Hewitt
Business
10th - 11th Grade
Used 9+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A sole trader is owned by...
A franchisee
2 or more people
One person
Shareholders
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A partnership is owned by...
A franchisee
2 or more people
One person
Shareholders
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A Private Limited company is owned by...
A franchisee
2 or more people
One person
Shareholders
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A public limited company is owned by...
Shareholders
Two or more owners
One person
A franchisee
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the word 'private' in Private Limited Company refer to?
The fact that all their finances are private
The fact that shares can only be sold with the consent of other shareholders
The fact that nobody knows about their business
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: Shares of a Public Limited Company are sold on the stock market
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or false: Shares of a Private Limited Company are sold on the stock market
True
False
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