
Orientation day Quiz
Quiz
•
Business
•
6th Grade
•
Practice Problem
•
Hard
Anna Chaplin
FREE Resource
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A public limited company must be listed on the London Stock Exchange.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which business structure is the most common in the UK?
Partnership
LLP
Public Limited Company
Sole Trader
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: A limited company is not legally separate from its owners.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a limited partnership (LP), which statement is true about the limited partner?
Can manage the business and has full control
Shares unlimited liability
Cannot manage the business and has limited liability
Must also be a general partner
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of organisation is designed to benefit the community and not make a profit?
Private Limited Company
Not-for-Profit Organisation
Sole Trader
LLP
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
LLPs protect the personal assets of their partners.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a feature of a Public Limited Company (PLC)?
Must remain private at all times
Shares can be traded publicly
Owned by a single person
No financial reporting requirements
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