Forms of the enterprise

• Economie
• Middelbare school
• vwo
• Leerjaar 3

Forms of the enterprise

AA group L2

Which statements is correct?

1. The owner is in charge of the management
2. A sole trader is a legal entity
3. There is only one person working in a sole trader business

Which characteristic is associated with a general partnership ?

1. One person is in charge of the management
2. A general partnership has more than one owner
3. There is only one person working in a GP

T.M. Nederland, transport publisher Joop van Rooij from Hengelo, was declared bankrupt on Wednesday. The news was a bomb shell for Van Rooij's friends and foes alike. A year ago, he de-registered his business with the Chamber of Commerce (KvK). He was registered as ....A..... This means that he was severally liable and has gone bankrupt himself too.
Which form of business relates to this example?

1. Sole trader
2. General partnership
3. Limited company
4. Public Limited company

Which form of business is probably related to this company>

1. Sole trader
2. General partnership
3. Limited company
4. Public limited company

Which form of business will be able to raise the most finance for the business?

1. Sole trader
2. General partnership
3. Limited company
4. Public limited company

Which characteristic is associated with a general partnership (VOF)?

1. One person is in charge of the management
2. A general partnership is a legal entity
3. A GP has generally more money available than a sole trader

Homework

Chapter	Section	Exercises	Answers
Chapter 3	Section 2	6 - 10	Answersheet