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Form 4 POB Review - Term II

Authored by waheeda mohammed

Other

7th - 10th Grade

Used 24+ times

Form 4 POB Review - Term II
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10 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

An ADVANTAGE of being a Sole Trader is

the business is easy to set up

the owner has unlimited liability

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Pizza Hut is an example of a

partnership

franchise

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A good way to describe BARTER is

bargaining for quality goods at cheaper prices

the exchange of goods for goods

4.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Media Image

Characteristics of a good leader are :

(select all that apply)

being flexible

willing to take risks

never being biased

making all decisions by himself

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A Democratic leader

includes workers in the decision-making process

does NOT include workers in the decision-making process

6.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

A MIXED economy is one which consists of

more than one political party

both public and private enterprise

7.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Media Image

Examples of Collateral are:

(select all that apply)

jewelry

clothes

vehicles

land

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