IGCSE Business Studies types of ownership quiz

A quiz based on business ownership (chapters 3 and 4).

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  • Created by: Nut
  • Created on: 13-03-13 13:05
What is a type of business with only one owner?
Sole trader
1 of 5
What is one disadvantage that is shared with both sole traders and partnerships?
Unlimited liability
2 of 5
What is one advantage that is shared with both sole traders and partnerships?
Easy to set up
3 of 5
What is one of the advantage of a public limited company?
Can raise finance easily
4 of 5
What is the special term given to people who bought a franchise from a franchisor?
Franchisee
5 of 5

Other cards in this set

Card 2

Front

What is one disadvantage that is shared with both sole traders and partnerships?

Back

Unlimited liability

Card 3

Front

What is one advantage that is shared with both sole traders and partnerships?

Back

Preview of the front of card 3

Card 4

Front

What is one of the advantage of a public limited company?

Back

Preview of the front of card 4

Card 5

Front

What is the special term given to people who bought a franchise from a franchisor?

Back

Preview of the front of card 5

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