
Business Ownership
Quiz
•
Business
•
9th - 12th Grade
•
Medium
Megan Smith
Used 1+ times
FREE Resource
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12 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
You have to be over 18 to start a business
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Some businesses are owned by their customers
True
False
3.
FILL IN THE BLANK QUESTION
1 min • 1 pt
A sole trader is owned by ___ person
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Sole traders can employ others
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Sole traders have Limited Liability
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Sole trader is hard to set up and required lots of paperwork
True
False
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Disadvantages' of sole trader
Very stressful
Keep all the profits to yourself
You can lose everything you own
Need to be expert at everything
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