Private Sector Organisations
Assessment
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Stuarty Moran
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Business, Education, Fun
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10th - 11th Grade
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11 plays
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Hard
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10 questions
Show answers
1.
Multiple Choice
Which of the following would be involved in a Private Limited Company?
Shares are issued to the public
Owners are limited to 20 people
Shareholders are often family members
All of the options
2.
Multiple Choice
Which of the following is a disadvantage to being a Private Limited Company?
Limited liability
Unlimited liability
Shares cannot be issued to the public
Limited to only 20 people
3.
Fill in the Blank
When profits are shared between shareholders. This is called a ...................
4.
Multiple Choice
An advantage of being a Private Limited Company is.....
Profits are not shared
Financial records must be published each year
Easier to raise money
Limited capital
5.
Multiple Choice
An abbreviation for Private Limited Company is.....
PLC
LPC
LTD
Priv
6.
Multiple Choice
A partnership can have between 2 and 30 partners!
TRUE
FALSE
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