Types of Businesses Review
Authored by Claire Smith
Business
7th Grade
Used 33+ times
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8 questions
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1.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
A ____ ______ is a business owned and operated by one person.
(a)
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
McDonald's is what type of business
Partnership
Sole trader
Franchise
Cooperative
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Shared risk and responsibility is an advantage of a partnership.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of business is regulated by the Australian Securities and Investments Commission (ASIC)?
Private company
Cooperative
Public company
Partnership
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The number of shareholders a public company can have is limited.
True
False
6.
FILL IN THE BLANKS QUESTION
30 sec • 1 pt
A (a) is generally made up of people who work in one industry.
7.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
A (a) is the person who purchases a franchise, usually by paying a fee.
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