Other questions in this quiz

2. Has a single owner but any number of employees

  • Corporation
  • Sole trader
  • Partnership

3. Which is a difference between a PLC and Private limited company

  • A PLC can sell shares on the stock market
  • A PLC sells shares privately
  • A private limited company has limited liability
  • Accounts are public

4. Accounts are kept private

  • Private limited company
  • Partnership
  • PLC

5. True of false: unlimited liability means that personal assets can be affected

  • True
  • False

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