INTRO TO BUSINESS ENTITIES

There are 3 types of business entities. Which is NOT the correct answer?

• partnership

• sole provider

• company

• sole proprietorship

Sole proprietorship is run by one natural person

• Correct

• Not true

What does natural person means?

• artificial human

• human being

• legal person

• artificial person

What is the flag of Palestine

• 
• 
• 
• 

Minimum number of member for partnership is _______

• 4

• 3

• 2

• 1

Partners are not responsible for the debt made by the partnership.

• Yes

• No

Minimum number for member in a company must be 1 person

• Correct

• Not correct

Where does panda originated?

• Taiwan

• China

• Vietnam

• Myanmar

Example of name for sole proprietorship business is ______________

• Megah Holding Sdn Bhd

• Klinik Gigi Amal & Rakan-Rakan

• Pertubuhan Kanak-Kanak Pintar

• Perniagaan Kedai Runcit Azimah

Definition of partnership is in section __________

• 2 (1)

• 2 (2)

• 3 (1)

• 3 (2)