Which is the simplest form of business organization?
Sole Traders, Partnerships and Franchises
9th Grade - University
•10 Qs
Similar activities
L2 Types of Business Ownership
10th - 11th Grade
•14 Qs
Forms of Business Organization
12th Grade
•15 Qs
Chapter 1 Introduction to Accounting ACC117 Uitm
University
•10 Qs
Business Structure Partnership
9th - 11th Grade
•15 Qs
Forms of Business Organization
12th Grade
•10 Qs
slsfdp
University
•10 Qs
1.5.4- Forms of business
12th Grade
•12 Qs
Business Structure Partnership
9th - 11th Grade
•15 Qs
Sole Traders, Partnerships and Franchises
Quiz
•
Business
•
9th Grade - University
•
Hard
Ogechi Ebule
Used 197+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
sole proprietorship
partnership
franchise
none of the above
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A sole trader has one owner but can employ any number of people.
true
false
undecided
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Sole traders can be found in ALL the sectors of the economy.
true
false
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Examples of sole traders in the primary sector include
farmers and fishermen
builders and manufacturers
web designers and hairdressers
taxi drivers and gardener
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Examples of sole trader businesses in the tertiary sector includes
manufacturers and small builders
farmers and fishermen
miners and footballers
hairdressers and teachers
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
One feature of a limited partnership includes
at least one sleeping partner
every partner is involved in the running of the business.
every partner has unlimited liability
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
One disadvantage of sole proprietorship includes
owner keeps all the profit
owner has complete control
no legal requirements to set up
personalized services to customers
owners have unlimited liability
Create a free account and access millions of resources
Create resources
Host any resource
Get auto-graded reports
Microsoft
Apple
Others
Similar Resources on Quizizz
15 questions
Forms of Business Organization
Quiz
•
1st - 10th Grade
10 questions
Organizing Function of Management
Quiz
•
10th - 12th Grade
10 questions
Entrepreneur
Quiz
•
12th Grade
10 questions
Chapter 25
Quiz
•
11th Grade
15 questions
Business Structure Partnership
Quiz
•
9th - 11th Grade
10 questions
Forms of Business Organizations
Quiz
•
12th Grade
12 questions
Business Basics
Quiz
•
9th - 12th Grade
10 questions
Chapter 1 Introduction to Accounting ACC117 Uitm
Quiz
•
University
Popular Resources on Quizizz
15 questions
Character Analysis
Quiz
•
4th Grade
17 questions
Chapter 12 - Doing the Right Thing
Quiz
•
9th - 12th Grade
10 questions
American Flag
Quiz
•
1st - 2nd Grade
20 questions
Reading Comprehension
Quiz
•
5th Grade
30 questions
Linear Inequalities
Quiz
•
9th - 12th Grade
20 questions
Types of Credit
Quiz
•
9th - 12th Grade
18 questions
Full S.T.E.A.M. Ahead Summer Academy Pre-Test 24-25
Quiz
•
5th Grade
14 questions
Misplaced and Dangling Modifiers
Quiz
•
6th - 8th Grade
Discover more resources for Business
17 questions
Chapter 12 - Doing the Right Thing
Quiz
•
9th - 12th Grade
30 questions
Linear Inequalities
Quiz
•
9th - 12th Grade
20 questions
Types of Credit
Quiz
•
9th - 12th Grade
20 questions
Taxes
Quiz
•
9th - 12th Grade
17 questions
Parts of Speech
Quiz
•
7th - 12th Grade
20 questions
Chapter 3 - Making a Good Impression
Quiz
•
9th - 12th Grade
20 questions
Inequalities Graphing
Quiz
•
9th - 12th Grade
10 questions
Identifying equations
Quiz
•
KG - University