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

Correct! Wrong!

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

Correct! Wrong!

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

Correct! Wrong!

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

Correct! Wrong!

Which of the following is true about a partnership?

Correct! Wrong!

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

Correct! Wrong!

Which of the following documents contains offer to subscribe shares?

Correct! Wrong!

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

Correct! Wrong!

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

Correct! Wrong!

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

Correct! Wrong!

Types of Business (11-20)
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