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Business Types
Quiz
•
Business
•
3rd - 12th Grade
•
Practice Problem
•
Easy
Joan Barr
Used 10+ times
FREE Resource
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40 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is a business owned and operated by one person?
Sole Trader
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is a business owned by stockholders/investors but operated by others?
Sole Trader
Partnership
Private or Public Limited Company
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is a business owned and operated by two or more people?
Sole Trader
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is ONE advantage of a sole trader?
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which is ONE disadvantage of Sole Trader?
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is ONE advantage of a Partnership?
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is ONE disadvantage of a Partnership?
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