Day: August 4, 2018

Business Studies Multiple Choice Question – 4 August 2018

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Which ONE of the following is a result of being a sole trader?

Select ONE answer only:

  1. The owner is only liable for the money that they invest in the business
  2. The business owner is likely to face a greater risk
  3. The business owner receives will have greater control of the business
  4. The business owner can sell shares to raise money
  5. The business owner has to pay an accountant to do audit their accounts

Explain ONE reason why a business may choose to become a private limited company

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple choice question is suitable for Business Studies KS4 & KS3 classes

The answer is 3 – The others are not true or apply to limited liability companies only.

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