Business Basics
Authored by Shelly-Ann McLeish
Business
9th Grade
Used 202+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which business type allows membership to be fall between 2 to 50 persons?
Private limited companies
Co-operative
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The minimum number of shareholders allowed in a public limited company is:
20 shareholders
7 shareholders
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following type of business is owned and operated by one person?
Sole trader
Cooperative
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
One feature of a public limited company is:
Shares are sold to existing members
Shares are sold on the stock market
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Limited Liability means?
A firm is unlikely to go bankrupt
Shareholders cannot be asked to pay for the company debts
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is not a type of business ownership in the private sector?
A Partnership
The National Health Service
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of business ownership is operated by board of directors?
Private limited company
Public limited company
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