Forms of Ownership
Quiz
•
Other
•
8th Grade
•
Practice Problem
•
Medium
Nniki Makgetla
Used 200+ times
FREE Resource
Enhance your content in a minute
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 5 pts
What is an entrepreneur?
Person who is rich
Someone who has identified an opportunity in the market and wants to start a business to take advantage of the opportunity.
Person who reads a lot
Person who rides a bike
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
In a ........................ one person owns and runs the business.
Private company
Close corporation
Partnership
Sole Trader
3.
FILL IN THE BLANK QUESTION
20 sec • 5 pts
Sole trader has...... owner.
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
How many partners can you have in a partnership?
2-20
1-100
40-50
1-200
5.
MULTIPLE SELECT QUESTION
30 sec • 5 pts
What are 2 advantages of a sole trader?
The owner has to share with his children
It is easy to set up
Owner is entitled to all the profits
There is continuity
6.
FILL IN THE BLANK QUESTION
30 sec • 5 pts
What do partners have to share?
7.
MULTIPLE SELECT QUESTION
45 sec • 5 pts
What are the disadvantages of a partnership?
Differences between partners can lead to conflict
They learn from one another
They get to make a lot of money
All decisions must be agreed upon by all partners
Create a free account and access millions of resources
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?
Similar Resources on Wayground
10 questions
UK Parliament
Quiz
•
6th - 12th Grade
10 questions
Test Taking Strategies
Quiz
•
6th - 8th Grade
10 questions
Anime Quiz
Quiz
•
KG - Professional Dev...
10 questions
Sustainability Quiz
Quiz
•
1st - 12th Grade
7 questions
Food and drinks -CIS French
Quiz
•
4th - 10th Grade
10 questions
Carpentry Tools
Quiz
•
8th Grade
15 questions
Teacher's Day
Quiz
•
6th - 12th Grade
10 questions
Elements of a Contract -Business Law
Quiz
•
KG - 12th Grade
Popular Resources on Wayground
10 questions
Honoring the Significance of Veterans Day
Interactive video
•
6th - 10th Grade
9 questions
FOREST Community of Caring
Lesson
•
1st - 5th Grade
10 questions
Exploring Veterans Day: Facts and Celebrations for Kids
Interactive video
•
6th - 10th Grade
19 questions
Veterans Day
Quiz
•
5th Grade
14 questions
General Technology Use Quiz
Quiz
•
8th Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
15 questions
Circuits, Light Energy, and Forces
Quiz
•
5th Grade
19 questions
Thanksgiving Trivia
Quiz
•
6th Grade
Discover more resources for Other
10 questions
Honoring the Significance of Veterans Day
Interactive video
•
6th - 10th Grade
10 questions
Exploring Veterans Day: Facts and Celebrations for Kids
Interactive video
•
6th - 10th Grade
14 questions
General Technology Use Quiz
Quiz
•
8th Grade
15 questions
scatter plots and trend lines
Quiz
•
8th Grade
20 questions
Physical and Chemical Changes
Quiz
•
8th Grade
6 questions
Veterans Day
Lesson
•
8th Grade
13 questions
Finding slope from graph
Quiz
•
8th Grade
10 questions
Exploring Europe: Geography, History, and Culture
Interactive video
•
5th - 8th Grade
