Limited Liability Companies (4)

Descripción

Test sobre Limited Liability Companies (4), creado por marilia.leme el 10/12/2014.
marilia.leme
Test por marilia.leme, actualizado hace más de 1 año
marilia.leme
Creado por marilia.leme hace más de 9 años
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1

Resumen del Recurso

Pregunta 1

Pregunta
Are limited companies unincorporated or incorporated?
Respuesta
  • Incorporated
  • Unincorporated

Pregunta 2

Pregunta
Limited companies can have shareholders.
Respuesta
  • True
  • False

Pregunta 3

Pregunta
What is the name for the profit that is paid to shareholders?
Respuesta
  • Capital
  • Dividend
  • Tax
  • entrepreneur

Pregunta 4

Pregunta
Private limited companies tend to be small or medium-sized. Which is the correct feature of private limited companies?
Respuesta
  • Shares in private limited companies cannot be traded or the stock market.
  • shares can be advertised for sale.
  • Financial information does not have to be made public.

Pregunta 5

Pregunta
Even though Private limited companies tend to be small, there are many advantages. Pick one.
Respuesta
  • control cannot be lost to outsiders.
  • Profits are shared between more owners.
  • The business name ends in Ltd.
  • Shareholders have limited liability.

Pregunta 6

Pregunta
What is a joint venture?
Respuesta
  • Where a business allows another operator to trade under their name.
  • Where two or more companies share the cost, responsibility and profits of a business venture. Most joint ventures involve 2 firms and the costs and profits are shared equally.
  • Where countries can trade and sell freely across their borders.

Pregunta 7

Pregunta
A stock market is a market for shares in plcs.
Respuesta
  • True
  • False

Pregunta 8

Pregunta
Public limited companies tend to be larger that private limited companies. What are some disadvantages of a public limited company? name 2.
Respuesta
  • Large amounts of capital can be raised.
  • May be more remote to customers.
  • More financial information has to be made public.
  • Setting up costs can be cheap.

Pregunta 9

Pregunta
flotation is the process of a company 'going public'.
Respuesta
  • True
  • False

Pregunta 10

Pregunta
public companies have stocks on the market.
Respuesta
  • True
  • False
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