Other questions in this quiz

2. How many people can own a partnership?

  • Maximum of 50
  • 2-20
  • 1
  • 2-5

3. Is a the franchisee the owner of a franchise or buying one?

  • Buying one
  • Owner

4. What is limited liability?

  • If a business goes into debt or bankruptcy, they won't lose their personal belongings
  • If a business goes into debt or bankruptcy, they can lose their personal belongings

5. What is a disadvantage of a sole trader?

  • Unlimited liability
  • Limited liability
  • Have to register for companies house

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