3.1.2 Understanding business forms

3.1.2 Understanding business forms

1st Grade

12 Qs

quiz-placeholder

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3.1.2 Understanding business forms

3.1.2 Understanding business forms

Assessment

Quiz

Business

1st Grade

Practice Problem

Hard

Created by

Joanne Ward

Used 10+ times

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12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

NHS is in which sector

Public

Private

Voluntary

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Nike is an unincorporated business

True

False

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

A sole trader will have .... liability

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Advantages of a sole trader

Creativity

Control

limited LIABILITY

unlimited LIABILITY

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which have limited liability

Sole Trader

PLC

Partnership

LTD

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Private limited companies can advertise shares

True

False

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

......... is a share of profits allocated to shreholders

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