Beginning of Session 3 Business env recap Business and Contracts
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Business
Professional Development
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6 questions
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1.
MULTIPLE CHOICE QUESTION
0 sec • 1 pt
Indicate what business type the following relates to: No formal rules to follow
Sole trader
Limited company
2.
MULTIPLE CHOICE QUESTION
0 sec • 1 pt
Profit taken out of the business in the form of drawings relates to
Sole trader
Limited company
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Ellie and Cameron run a small business making hand made clothes . They each put in £2,000 into the business . They share decision making and any debts and any profit. What type of business ownership is this?
Sole trader
Limited company
Partnership
Charity
4.
MULTIPLE CHOICE QUESTION
0 sec • 1 pt
Select the type of business that is being referred to :- an incorporated business is a ?
Partnership
Public limited company
Sole trader
5.
FILL IN THE BLANKS QUESTION
0 sec • 1 pt
A contract in relation to illegal activity is
(a)
6.
MULTIPLE CHOICE QUESTION
0 sec • 1 pt
Choose the correct option for the following statement- A contract was signed to purchase a building is
Void
Voidable
Valid
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