Search Header Logo

Business studies (JSS1)

Authored by Muctar Mohammed

Other

6th - 8th Grade

Used 8+ times

Business studies (JSS1)
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the limit of members in case of a Private Company?

2

7

10

50

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The most popular form of business organisation is:

Sole proprietorship

Company

Partnership

joint venture

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The maximum number of members required to form a public company is

12

1

7

No Limit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Alhaji was a sole proprietor and was running a retail shop of gift items. Unfortunately, due to an accident Alhaji died, due to which his business also ended. Which feature of the sole proprietorship is applied here:

No separate entity

Lack of business continuity

Sole risk bearer and profit recipient

None of these

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Possibility of conflicts is a limitation of which type of business organisation:

Sole proprietorship

Partnership

Company

Joint Hindu Family business

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Document that is made during the formation of a partnership is:

Partnership agreement

Partnership deed

Partnership registration

Partnership document

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not a characteristic of a sole trader?

He provides capital alone

He makes decisions on his own

He shares his profits with his partner

He takes all the profit or loss

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?