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Sole Proprietorships & Partnerships Quiz

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Sole Proprietorships & Partnerships Quiz

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Test your knowledge on sole proprietorships and partnerships with this fun quiz!

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About Quiz
10 times made

Created by

sarah ayyad
sarah ayyad
United Arab Emirates

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Sole Proprietorships & Partnerships QuizOnline version

Test your knowledge on sole proprietorships and partnerships with this fun quiz!

by sarah ayyad
1

What is a sole proprietorship?

2

Which of the following is a characteristic of a partnership?

3

In a sole proprietorship, who is responsible for debts?

4

What is a general partnership?

5

Which of the following is a disadvantage of a sole proprietorship?

6

What is a limited partnership?

7

Which document is often used to outline partnership terms?

8

What is a key tax advantage of a sole proprietorship?

9

Which type of business structure is easiest to set up?

10

What is a major risk of partnerships?

 
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