Quiz: Ownership in Business
AQA GCSE Business 8132
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Welcome to this quiz on ownership in business. Test your knowledge and learn more about this important topic!
Which type of business has unlimited liability and is owned by one person?
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Which of the following are characteristics of a partnership? (Select all that apply)
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A {{blank0}} limited company sells shares privately, whereas a {{blank1}} limited company sells shares publicly.
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Match the items on the left with their correct pairs on the right
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A sole trader earns £12,000 in revenue and has £5,000 in costs. What is the profit?
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What does 'unlimited liability' mean?
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Which of the following are advantages of a sole trader? (Select all that apply)
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A not-for-profit organisation aims to {{blank0}} rather than {{blank1}}.
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Match the items on the left with their correct pairs on the right
Which type of business ownership is most suitable for charities?
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