Private Limited Companies

Private Limited Companies

7th - 12th Grade

16 Qs

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Private Limited Companies

Private Limited Companies

Assessment

Quiz

Created by

Michael Mitten

Business

7th - 12th Grade

787 plays

Medium

16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Private Limited Companies are owned by

Sole Traders

Partners

Shareholders

The Government

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sole Traders have

Unlimited Liability

Limited Liability

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Private Limited Companies have

Limited Liability

Unlimited Liability

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Partnerships have

Limited Liability

Unlimited Liability

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sole Traders, Partnerships and Private Limited Companies are in which sector of the Economy?

Private Sector

Public Sector

Third Sector

6.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which of the following 3 are Private Limited Companies?

Colin Logan Building Contractors LTD

Islay Hospital

Aitchison LTD

Mactaggart Leisure Centre

B. Mundell LTD

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the least complicated to set up?

Sole Trader

Partnership

Private Limited Company

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A sole trader gets to keep any profits made for themselves

True

False

9.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many People can be in a Partnership?

Unlimited

2 only

Between 2 & 20

Between 2 & 10

10.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The shareholders elect a Board of Directors to run a Private Limited Company

True

False

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