Business quiz

Business quiz

9th - 12th Grade

9 Qs

quiz-placeholder

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Business quiz

Business quiz

Assessment

Quiz

Business

9th - 12th Grade

Easy

Created by

Yen WeeWoo

Used 1+ times

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9 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

sole trader

a business owned by 1 person

a form of business in which 2 or more people agree to jointly own business

businesses owned by shareholders but they cannot sell shares to the public

a teeny weeny tiny winy lil duckie wuckie

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Advantage of sole trader

more freedom over decisions

more capital investment

can sell shares to the public

silly lil duckie wuckie waddled into the abyss

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Disadvantages of sole trader

can not sell shares to public

more capital investment

unlimited liability

meow 😻

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Partnership

a business owned by 1 person

a form of business in which 2 or more people agree to jointly own business

businesses owned by shareholders but they cannot sell shares to the public

a teeny weeny tiny winy lil duckie wuckie

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Advantage of partnership

more freedom over decisions

more capital investment compared to sole trader

can sell shares to the public

meowowowowow meow meow meow (real)

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Disadvantages of partnership

can not sell shares to public

more capital investment

less freedom than sole trader

Ted Hughes!!!

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Private Limited Company

a business owned by 1 person

a form of business in which 2 or more people agree to jointly own business

businesses owned by shareholders but they cannot sell shares to the public

a teeny weeny tiny winy lil duckie wuckie

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Public Limited Company

a business owned by 1 person

a form of business in which 2 or more people agree to jointly own business

businesses owned by shareholders but they can sell shares to the public

a teeny weeny tiny winy lil duckie wuckie

9.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Public corporations

a business in public sector owned and controlled by the government (state)

a form of business in which 2 or more people agree to jointly own business

businesses owned by shareholders but they can sell shares to the public