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INTRO TO BUSINESS ENTITIES

Total questions: 16

Worksheet time: 5mins

Name
Class
Date
1.

There are 3 types of business entities. Which is NOT the correct answer?

a)

partnership

b)

sole provider

c)

company

d)

sole proprietorship

2.

Sole proprietorship is run by one natural person

a)

Correct

b)

Not true

3.

What does natural person means?

a)

artificial human

b)

human being

c)

legal person

d)

artificial person

4.

What is the flag of Palestine

a)

b)

c)

d)

5.

Minimum number of member for partnership is _______

a)

4

b)

3

c)

2

d)

1

6.

Partners are not responsible for the debt made by the partnership.

a)

Yes

b)

No

7.

Minimum number for member in a company must be 1 person

a)

Correct

b)

Not correct

8.

Where does panda originated?

a)

Taiwan

b)

China

c)

Vietnam

d)

Myanmar

9.

Example of name for sole proprietorship business is ______________

a)

Megah Holding Sdn Bhd

b)

Klinik Gigi Amal & Rakan-Rakan

c)

Pertubuhan Kanak-Kanak Pintar

d)

Perniagaan Kedai Runcit Azimah

10.

Definition of partnership is in section __________

a)

2 (1)

b)

2 (2)

c)

3 (1)

d)

3 (2)

11.

Number of member for professional partnership is ___________

a)

2 until 20

b)

2 until 25

c)

2 until unlimited

d)

2 until 50

12.

Example of common partnership business is ____________

a)

catering

b)

law firm

c)

clinic

d)

tuition centre

13.

Who is this man?

a)

Nelson Mandela

b)

Barack Obama

c)

Malcolm X

d)

Muhammad Ali

14.

The case to illustrated about net profit is

a)

Cox v Hickman

b)

Cox v Coulson

c)

Smith v Anderson

15.

For a business to be a valid partnership, the partner must share net profit,

a)

True

b)

False

16.

What is the name of this vegetable?

a)

Jering

b)

Peria

c)

Petai

d)

Kacang kelisa