Quiz: Risk, Ownership and Limited Liability
iGCSE Business Studies [Edexcel]
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Building on what you've learned, let's test your knowledge of risk, ownership and limited liability in business!
What does the term 'risk' mean in business?
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Which of the following are examples of risks for a business? (Select all that apply)
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A business owner can lose their personal assets if they have {{blank0}} liability.
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Match the items on the left with their correct pairs on the right
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Match the items on the left with their correct pairs on the right
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Which of the following is a key feature of a private limited company?
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Which of the following are advantages of limited liability? (Select all that apply)
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A business owner who wants total control might choose to operate as a {{blank0}}.
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Match the items on the left with their correct pairs on the right
Which type of business ownership involves unlimited liability?
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