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WorksheetsEntrepreneurship NCM Sem II
Total questions: 15
Worksheet time: 10mins
Which is a characteristic of a successful entrepreneur?
Motivated
Takes very little risk
Passionate
Hard-working
How many people can be in a partnership?
2
2-10
2-20
Unlimited
Which of the following is an advantage of a partnership?
Unlimited Liability
Arguments
Shared responsibility
Less investors
What is the name of a person who owns part of a corporation?
Stakeholder
Agent
Chairman
Shareholder
Who is this personality?
Cyrus Poonawalla
Cyrus Mistry
Adar Poonawalla
Adi Bulsara
Who is this famous personality?
Oprah Winfrey
Aja Naomi King
Gabrielle Dennis
Yindra Zayas
Guess the logo!
Which of the following best describes the term limited liability? If the business fails:
Personal possessions of the owner can be taken to pay any debts
The owner is personally liable for all the debts of the business
here is no limit on the amount the owner has to pay to settle debts
The owner only loses the amount invested in the business
Which of the following is an advantage of operating a large established business as a corporation?
Shares can be sold to the public to raise additional finance
Financial accounts are published
Shares can only be sold to invited investors to raise finance
Owners have unlimited liability
