BUSINESS STUDIES - CBT
Authored by JONES OLUWATOSIN
Business
7th Grade
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37 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is owned by one person?
sole propreitorship
partnership
public limited liability company
private limited liability company
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many partners can form a partnership?
2 -10
2 -20
5 - 50
7 - 50
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is a partner that invests money and partakes in the running of a partnership?
active partner
passive partner
estoppel partner
quasi partner
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is another name for an inactive partner?
doorman partner
dormant partner
deed partner
drowsy partner
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following focuses on providing loans to members?
consumers society
loan society
credit and thrift society
credit and profit society
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following can have an infinite number of owners or investors?
sole proprietorship
partnership
private limited liability company
public limited liability company
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not aimed at making a profit?
public limited company
public corporation
private corporation
public unlimited liability company
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