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Duy Mạnh
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Question 1: Which of the following best describes a sole proprietorship?
A) A company owned by two or more members contributing capital
B) An enterprise owned by a single individual who is responsible with all of their assets
C) A legal entity separate from its owner
D) An enterprise established by issuing shares to the public
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Question 2: Who has the right to make business decisions in a sole proprietorship?
A) The Board of Directors
B) The Members’ Council
C) The individual owner
D) The General Meeting of Shareholders
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Question 3: Regarding liability, the owner of a sole proprietorship:
A) Is liable only within the amount of capital contributed
B) Has unlimited liability with their entire property
C) Shares liability equally with employees
D) Is not personally liable for debts of the enterprise
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Question 4: Which of the following is NOT a characteristic of a sole proprietorship?
A) It cannot issue shares to raise capital
B) It is owned by one individual only
C) It can be converted into a limited liability company if conditions are met
D) It has the right to contribute capitals to other companies
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Question 5: Mr. Nam owns a sole proprietorship. His business took out a loan of 2 billion VND but later went bankrupt. The creditors are demanding repayment. Question: Who is responsible for paying the debt?
A) Mr. Nam, with all of his personal property if necessary
B) Only from the capital that Mr. Nam initially contributed
C) Only the enterprise itself
D) Creditors cannot collect because the business failed
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Question 6: A sole proprietorship has the status of a legal entity.
False
True
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Question 7: The owner of a sole proprietorship is personally responsible for all debts and obligations.
True
False
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