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TOPIC 3: BUSINESS ENTITIES

Authored by Farra Miera

Business

University

Used 3+ times

TOPIC 3: BUSINESS ENTITIES
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10 questions

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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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