
F.4 ECON_Book 2 Chapter 8_sole proprietorship
Authored by Vincent Lee
Social Studies
10th Grade
Used 6+ times

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6 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a characteristic (特色) of a sole proprietorship?
A. No separate legal status
B. Unlimited liability
C. Lasting continuity
D. Freedom of transfer of ownership
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Mr Wong sets up an online book store. He has unlimited liabilities (無限負債) . Which of the following is a possible way for him to raise money (集資) for his business?
A. Borrow money from his family
B. Issue shares 發行股票
C. Issue bonds 發行債券
D. All of the above
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Tom and Mary are owners of a firm. Tom borrows money on behalf of the firm (以公司名義) , so Mary also has the responsibility of paying back the money and interest. The firm is
A. a sole proprietorship.
B. a partnership.
C. a private limited company.
D. a public limited company.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following statements about a partnership is correct?
A. It can have only one owner.
B. It is a legal entity.
C. The liability of owners is limited.
D. It does not need to disclose its financial accounts to the public.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Brown, a sole proprietor, expands his business by forming a partnership with Cony. As a result,
A. the firm becomes a legal entity .法人地位
B. they can have specialised management.專門管理
C. Brown enjoys limited liability.有限負債
D. Brown can transfer his ownership to Sally without Cony’s consent (同意)
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A partnership
A. is the most common (普遍) form of business.
B. can issue shares and bonds to raise capital.
C. can facilitate the sharing of knowledge. 智識交流
D. has a maximum of 20 partners.
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