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OtisamLMS
Business Management

Business Management · Quick practice · answer shown after each question

Forms of business organisation

Question 1 of 10

Question 1 of 10

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

Question 2 of 10

Question 2 of 10

Shares of a public limited company can be

Question 3 of 10

Question 3 of 10

An arrangement in which a business pays to use another firm's brand and methods is

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 by the state is a

Question 6 of 10

Question 6 of 10

A sleeping partner

Question 7 of 10

Question 7 of 10

The document that sets out the internal rules of a company is the

Question 8 of 10

Question 8 of 10

A business owned and run by one person is a

Question 9 of 10

Question 9 of 10

A franchise allows a business to

Question 10 of 10

Question 10 of 10

A business owned and run by the state is a

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