Font size
WorksheetsBusiness Ownership Quiz
Total questions: 9
Worksheet time: 5mins
What are the two main types of limited companies?
Private and Public
Shareholders
A ______ is a business owned and managed by two or more people.
Franchiser
Joint Venture
Partnership
Mr. Dinler
What are the main advantages of a sole trader?
Complete Control
fun and enjoyable
Keeps the profit
gets boring
Ordinary shareholders are the owners of the company.
False
Maybe
True
A ______ is a business owned and managed by one person.
Franchiser
Sole Trader
CEO
One advantage of a sole trader is ‘the business can often be set up with a small amount of money of _________.
Stonks
Start-up Capital
Liability
Kenya
What is one of the disadvantages of a partnership?
Share the profits
Shares the profit
Shared decision making
Easy to set up a deed of partnership
Which four statements about the disadvantages of a sole trader are true?
Unlimited liability
May not be able to raise funds
Typing Skills(INCORRECT) -> Business skills(Correct)
QR Code
A (a) benefits two or more business to work closely together on a business opportunity. (NO CAPS)
