Partnership
Authored by amna almansoori
Business
9th Grade
Used 125+ times
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8 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
There is more than one person to invest capital in the business.
Sole Trader
Partnership
Both
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Partnerships are unincorporated businesses.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It's easy to set up a partnership
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Partnerships are small businesses and easy to grow
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
If one partner leaves, the business must not close
False
True
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The owners have to share the profits
False
True
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Owners have unlimited liability and no separate legal identity.
Sole trader
Partnership
Both
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