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Business Management

Business Management · Quick practice · answer shown after each question

Forms of business organisation

Question 1 of 10

Question 1 of 10

Shares of a public limited company can be

Question 2 of 10

Question 2 of 10

A major disadvantage of a sole proprietorship is

Question 3 of 10

Question 3 of 10

Limited liability means that

Question 4 of 10

Question 4 of 10

Shareholders of a limited liability company enjoy

Question 5 of 10

Question 5 of 10

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

Question 6 of 10

Question 6 of 10

A business owned and controlled by one person is a

Question 7 of 10

Question 7 of 10

Which is an advantage of a sole proprietorship?

Question 8 of 10

Question 8 of 10

A sleeping partner

Question 9 of 10

Question 9 of 10

The document that governs the internal affairs of a company is the

Question 10 of 10

Question 10 of 10

A business owned by the state is a

Questions written by OtisamLMS in the style of the WASSCE. They are not WAEC past questions.