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WorksheetsBusiness Organisations Quiz
Total questions: 1
Worksheet time: 6mins
Which of the following is a source of capital or finance to a Sole proprietor?
Sale of Shares
Sale of Debentures
Personal Savings
Stolen Money
A type of business organisation where the owners of the business are the main customers is known as
cooperative society
sole trader
partnership
joint stock company
A type of business organisation where 2 to 20 persons pool their resources together to run a business is known as a
joint stock company
public corporation
partnership
cooperative society
What is the main difference between Private and Public Joint Stock Companies?
Number of employees and their salaries
Size of the company and its location
Number of shareholders and availability of financial information
Type of products sold and marketing strategies
Which source of finance involves using profits that the company has earned in the past?
Loans from financial institutions
Retained earnings
Sale of Debentures
Sale of Shares
What is the advantage of Limited Liability for shareholders in a Joint Stock Company?
They can easily sell their shares if they want to liquidate their holding
Their personal assets are at risk in case of company debts
Their liability is limited to the amount they have invested in the company
They have to share profits with other shareholders
Which of the following is not a private sector business organization?
Public Limited Company
Partnership
Public Corporation
Consumer Cooperative
When a joint stock company makes profit, a shareholder is expected to receive
interest
money
wages
dividend
Who owns a public sector organisation?
Individuals
Shareholders
Specialist managers
The Government
The following kinds of business organizations are set – up to make profit except
Partnership
Public corporations
Sole Proprietorship
Joint Stock Company
