What is a sole trader responsible for in their business?

Unit 101 - Types of organisation

Quiz
•
Professional Development
•
University
•
Medium

Byron Morris
Used 8+ times
FREE Resource
10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Hiring a large team
Outsourcing all work
Issuing the invoices
Investing in real estate
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key feature of a partnership in the construction trade?
Unlimited company size
Individual responsibility
Sharing profits and debts
Sole decision making
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does a limited company in the construction trade have to do?
Share all profits with employees
Operate without registration
Submit accurate accounts each year
Work without a legal identity
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who does the building contractor sign the main contract with?
The client
The architect
The site manager
The sub-contractor
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a sub-contractor responsible for?
Designing the project
Carrying out a specific part of the job
Registering the company
Issuing all invoices
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What might a plumber specialise in?
High-voltage work
Oak wood only
Underfloor heating
Alarm systems
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a characteristic of industrial plumbers?
Specialising in garden landscapes
Designing building projects
Installing hot and cold water systems in commercial situations
Working exclusively in residential settings
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