ENGLISH TEST ON UNIT 2: "BUSINESS ORGANISATIONS"

PUBLIC CORPORATIONS ARE OFTEN CREATED TO MAKE SURE THAT:

(0,5 PT.)

• IRRELEVANT ACTIVITIES AFFECTING THE WHOLE NATION ARE CARRIED OUT WELL.

• RELEVANT ACTIVITIES AFFECTING THE WHOLE NATION ARE CARRIED OUT WELL.

• IRRELEVANT ACTIVITIES AFFECTING A PART OF THE NATION ARE CARRIED OUT WELL.

• RELEVANT ACTIVITIES AFFECTING A PART OF THE NATION ARE CARRIED OUT WELL.

SOMETIMES PUBLIC CORPORATIONS ARE SET UP IN ORDER TO:

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• ENCOURAGE PRIVATE MONOPOLY

• AVOID PRIVATE MONOPOLY

• ENCOURAGE PUBLIC MONOPOLY

• AVOID PUBLIC MONOPOLY

HOW MANY TYPES OF PUBLIC CORPORATION ARE THERE?

PLEASE MENTION THEIR NAMES. (1,5 PT.)

DEPENDING ON THEIR SIZE AND ORGANISATION, THERE CAN BE SIX TYPES OF BUSINESSES IN THE PRIVATE SECTOR. PLEASE MENTION THEM.

(3 PT.)

IN A SOLE TRADER THERE CANNOT BE ANY EMPLOYEES. (0.5)

• TRUE

• FALSE

A DISADVANTAGE OF A SOLE TRADER IS THAT:

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• FINANCE CANNOT BE EASY TO RAISE

• FINANCE CAN BE EASY O RAISE

A PARTNERSHIP IS A BUSINESS ORGANIZATION:

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• MADE UP OF A GROUP OF PEOPLE (GENERALLY FROM 2 TO 12)

• MADE UP OF A GROUP OF PEOPLE (GENERALLY FROM 2 TO 20)

• MADE UP OF A GROUP OF PEOPLE (GENERALLY FROM 2 TO 200)

• MADE UP OF A GROUP OF PEOPLE (GENERALLY FROM 2 TO 220)

AN ADVANTAGE OF A PARTNERSHIP CAN BE: (0,5 PT.)

• SHARED RESPONSIBILITIES

• IMPOSSIBLE BANKRUPTCY

• PROFITS DON'T HAVE TO BE SHARED

TAKING INTO ACCOUNT A PARTNERSHIP, A GENERAL PARTNER IS: (0,5 PT.)

• UN SOCIO ACCOMANDATARIO

• UNA SOCIETA' IN NOME COLLETTIVO

• UNA SOCIETA IN ACCOMANDITA SEMPLICE

PLEASE TRANSLATE THE FOLLOWING WORD: "BANCAROTTA". (0,5 PT)