Quiz 10 (O Level Unit 4)

This quiz is from Cambridge O Level Unit 4 (The private firm as producer and employer)

Which type of business organisation has only one owner?


2. A sole trader business does not have flexibility compared to a partnership.


3. Among the following, what is an advantage of sole proprietorship?


4. The liability of partners in a partnership business is unlimited.


5. Among the following, what is an advantage of partnership?


6. A public limited company is in the public sector of an economy.


7. Public corporations are owned by _____________.


8. A ______________ is where a number of individuals or businesses work together to achieve a common purpose.


9. Among different types of business organisations, which of the following can keep the business secrecy to the maximum?


10. Public limited companies can sell shares at the stock exchange.


Question 1 of 10


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