11. Organizations which combine the limited liability advantage in sole ownership are called?

Correct! Wrong!

12. The partnership format might be useful to the owners of a small business in order to?

Correct! Wrong!

13. Which of the following is true about a partnership?

Correct! Wrong!

14. What is the meaning of the word ‘limited’ in the name of a limited company?

Correct! Wrong!

15. A _______________ business is one in which income is generated by the resale of produced product?

Correct! Wrong!

16. Which of the following is/are true about the sole trader form of business?

Correct! Wrong!

17. Which of the following documents contains offer to subscribe shares?

Correct! Wrong!

18. Which of the following are the owners of a partnership business?

Correct! Wrong!

19. In which type of a business, the owner and his business are not considered same in the eyes of law?

Correct! Wrong!

20. Which of the following forms of business does not protect owners from business creditors?

Correct! Wrong!

Types of Business (11-20)
Super Genius ***
Excellent ***
Very Good **
Good *
Fair
Fail

Share your Results: