Forms of business organisation

Question 1 of 10

A business owned and run by the state is a

Question 2 of 10

A disadvantage of a sole proprietorship is

Question 3 of 10

A partner who contributes capital but takes no part in managing the business is a

Question 4 of 10

A business that sells its shares to the general public on the stock exchange is a

Question 5 of 10

A major advantage of a public limited company over a partnership is

Question 6 of 10

A business owned and managed by members for their mutual benefit is a

Question 7 of 10

Which is an advantage of a sole proprietorship?

Question 8 of 10

A sleeping partner

Question 9 of 10

A business owned by the state is a

Question 10 of 10

A co-operative society is run on the principle of