TOPIC 3: BUSINESS ENTITIES

Quiz
•
Business
•
University
•
Medium
Farra Miera
Used 3+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which business entity is owned and operated by a single individual?
Partnership
Sole proprietorship
Company
2.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
A company is separate legal __________ from its members.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Both sole proprietorship and partnership businesses must be registered under ______________.
Companies Act 2016
Partnership Act 1961
Registration of Businesses Act 1956
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The maximum number of members for Popular Sdn Bhd is _______.
50
unlimited
20
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is mandatory for L & Co Chartered Accountants to have business constitution.
True
False
6.
FILL IN THE BLANK QUESTION
45 sec • 1 pt
Shareholders of Sime Darby Berhad possess ________ liability concerning the company's debts.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Megah Holdings Sdn Bhd is dissolved _________ whereas Dobi Annisa is dissolved ___________.
formally : informally
formally : formally
informally : informally
informally : formally
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