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Private Limited Company Quiz

Authored by MARY MCLURE

Business

9th Grade

Used 20+ times

Private Limited Company Quiz
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10 questions

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1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

A Private Limited Company has PLC after its name.

True

False

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

A Private Limited Company is in the private sector.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The share of profit a shareholder receives is called a Profit Share.

True

False

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

A Private Limited Company is run by a Board of Directors.

True

False

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

A Private Limited Company does NOT need to register the company with The Companies House.

True

False

6.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Only friends and family can buy shares in a Private Limited Company by invite only.

True

False

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

A Private Limited Company must have a minimum of 20 shareholders and a maximum of 50.

True

False

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