Types of business organisation: แบบฝึกหัด

Which of the following is a key characteristic of a sole trader business organisation?

Which of the following is a key advantage of forming a partnership compared to being a sole trader?

Maria wants to open a coffee shop but lacks experience in branding and supply chain management. She opts to open a branch of a well-known national coffee chain. What type of business organisation has Maria most likely chosen?

Which type of business organisation typically has unlimited liability for its owner(s)?

A group of friends decides to start a tech company, seeking significant investment from external shareholders and wishing to protect their personal assets from business debts. Which type of business organisation would best suit their requirements?

State one disadvantage of forming a limited company compared to being a sole trader for a small start-up.

Explain one key advantage and one key disadvantage of operating a business as a sole trader.

Compare the legal liability of a sole trader with that of a shareholder in a limited company.