Quiz: Private Limited Companies (Ltd)
Cambridge OCR Level 3 Advanced GCE in Business H431
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Building on what you've learned about business ownership, let's test your knowledge of Private Limited Companies (Ltd)!
What is a key feature of Private Limited Companies (Ltd)?
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Which of the following are true about Private Limited Companies (Ltd)? (Select all that apply)
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Private Limited Companies (Ltd) have {{blank0}} liability, meaning owners are only responsible for debts up to the amount they {{blank1}}.
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Match the items on the left with their correct pairs on the right
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A Private Limited Company has 5 shareholders. Each invests £10,000. What is the total capital raised?
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Which of the following is an advantage of a Private Limited Company (Ltd)?
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What are disadvantages of Private Limited Companies (Ltd)? (Select all that apply)
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To form a Private Limited Company (Ltd), it must be registered with {{blank0}} and have at least one {{blank1}}.
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Match the items on the left with their correct pairs on the right
What document is required to legally form a Private Limited Company (Ltd)?
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