Private, personal liability and public company

Private, personal liability and public company

10th Grade

8 Qs

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Private, personal liability and public company

Private, personal liability and public company

Assessment

Quiz

Business

10th Grade

Practice Problem

Hard

Created by

Lusanda Mkosi

Used 2+ times

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8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which company name ends with (Pty)Ltd

Private company

Public company

Sole proprietor

Partnership

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

A company with limited liability

Sole trader

Public company

Partnership

Private company

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why does a company issue shares?

To raise money that can be invested in the business

To get more owners

To allow business to be sold off

To make more profit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which company is listed to the JSE?

Private company

Partnership

Public company

Close corporation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How to identify a public company?

Ltd

CC

Inc

(Pty)Ltd

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Private and public company both have

Unlimited liability

Limited liability

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Personal liability company is similar to

Partnership

Sole trader

Public company

Private company

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