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Q10

THE LIMITED QUIZ. 10. 10 POINTS WHEN GREEN. Q1. Q2. Q3. Q4. Q5. Q6. Q7. Q8. Q9. Q10. CLICK ABOVE IF YOU ANSWER CORRECTLY 1 ST TIME. SELECT QUESTION BELOW. Q1. Q2. Q3. Q4. Q5. Q6. Q7. Q8. Q9. Q10. THE LIMITED Q1.

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Q10

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  1. THE LIMITED QUIZ 10 10 POINTS WHEN GREEN Q1 Q2 Q3 Q4 Q5 Q6 Q7 Q8 Q9 Q10 CLICK ABOVE IF YOU ANSWER CORRECTLY 1ST TIME SELECT QUESTION BELOW Q1 Q2 Q3 Q4 Q5 Q6 Q7 Q8 Q9 Q10

  2. THE LIMITED Q1 A private limited company must have the initials PLC after its name A private limited company must have the initials LTD after its name A private limited company can have any letters after its name

  3. INCORRECT

  4. THE LIMITED Q2 A LTD cannot raise money by taking out a loan A LTD cannot retain profits A LTD can raise money by a share issue

  5. INCORRECT

  6. THE LIMITED Q3 A LTD can raise money by selling shares to the general public A LTD can sell shares on the stock market A LTD can raise money through a private share issue

  7. INCORRECT

  8. THE LIMITED Q4 After incorporation an LTD will have a separate legal identity After incorporation an LTD will not have a separate legal identity After incorporation an LTD will have unlimited liability.

  9. INCORRECT

  10. THE LIMITED Q5 An LTD has limited liability An LTD has unlimited liability An LTD is a liability.

  11. INCORRECT

  12. THE LIMITED Q6 Shareholders in an LTD could lose their personal possessions Shareholders in an LTD could lose all their personal money. Shareholders in an LTD can only lose the money they invested in the company.

  13. INCORRECT

  14. THE LIMITED Q7 The owners of an LTD cannot keep their own possessions separate from those of the company. The owners of an LTD can keep their own possessions separate from those of the company. The owners of an LTD cannot by law own possessions.

  15. INCORRECT

  16. THE LIMITED Q8 An LTD structure can make a company look unprofessional An LTD structure can make a company look professional A professional looking company is likely to get less customers.

  17. INCORRECT

  18. THE LIMITED Q9 LTD firms must send their accounts to the Welsh assembly LTD firms can keep their accounts secret. LTD firms must send their accounts to companies house where they can be viewed.

  19. INCORRECT

  20. THE LIMITED Q10 An LTD does not have directors An LTD must have at least 5 directors. An LTD must have at least 1 director.

  21. INCORRECT

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