TY Summer, Bus Org, Ethics, Source of Finance

Hairdressers, tradespeople are generally

• Private Limited Companies

• Sole Traders

• Partnerships

• None of the above

A sole trader does not have to publish it's accounts

• True

• False

Which of the following organisations have Unlimited Liability

• Private Limited Company

• Sole Traders

• Partnership

• State Owned Business

What is the maximum number of people are involved in a Partnership

• no maximum

• 2

• 99

• 20

The Memorandum of Association deals with the

• external rules of the company

• internal rules of the company

• finances of the company

• all of the above

PLC stands for

Essential services are generally provided by

• Sole Traders

• State Owned Companies

• Co operatives

• All of the above

CRO stands for

• Controlled Registration Office

• Companies Registration Office

• Companies Regular Office

• None of the above

One member, one vote rule applies to what type of Business Organisation

• Sole Trader

• Partnership

• Co operative

• State Owned

No Continuity of Existence is a disadvantage for which of the following

• Private Limited Company

• State Owned Company

• Sole Trader

• Partnership