BTEC Business Unit 1 - Ownership Recap
Authored by Ms BUCKLAND
Business
10th - 12th Grade
Used 18+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
17 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An individual who supplies the capital, takes all the profits, but faces unlimited liability in the event of losses
Partnership
Sole Trader
Cooperative
Public Limited Company
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Two or more people who set up business together and share all profits and losses. They usually have unlimited liability.
Sole Trader
Partnership
Private Limited Company
Cooperative
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business that is owned by shareholders
Partnership
Public Limited Company
Cooperative
Sole Trader
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which of the following parties are personally liable for company debts?
Sole traders
Shareholders of limited companies
CEOs of limited companies
The government
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which business sector would a business that catches fish be?
Primary
Secondary
Tertiary
Quaternary
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What sector would a business that uses fish to produce ready meals be?
Primary
Secondary
Tertiary
Quaternary
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What sector would a business that distributes ready meals be?
Primary
Secondary
Tertiary
Quaternary
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
