Limited Liability Companies (4)

Descrição

Quiz sobre Limited Liability Companies (4), criado por marilia.leme em 10-12-2014.
marilia.leme
Quiz por marilia.leme, atualizado more than 1 year ago
marilia.leme
Criado por marilia.leme mais de 9 anos atrás
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1

Resumo de Recurso

Questão 1

Questão
Are limited companies unincorporated or incorporated?
Responda
  • Incorporated
  • Unincorporated

Questão 2

Questão
Limited companies can have shareholders.
Responda
  • True
  • False

Questão 3

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

Questão 4

Questão
Private limited companies tend to be small or medium-sized. Which is the correct feature of private limited companies?
Responda
  • 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.

Questão 5

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

Questão 6

Questão
What is a joint venture?
Responda
  • 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.

Questão 7

Questão
A stock market is a market for shares in plcs.
Responda
  • True
  • False

Questão 8

Questão
Public limited companies tend to be larger that private limited companies. What are some disadvantages of a public limited company? name 2.
Responda
  • 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.

Questão 9

Questão
flotation is the process of a company 'going public'.
Responda
  • True
  • False

Questão 10

Questão
public companies have stocks on the market.
Responda
  • True
  • False

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