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O-LevelCommerceBusiness enterprise7100/12 · Oct/Nov 2017 · Q351 Mark

Two friends are planning to set up a business as dentists. They are both willing to sell their possessions if the business fails. Which type of business organisation are they likely to set up?

Apartnership
Bprivate limited company
Cpublic limited company
Dsole trader

✓ Correct answer

A: partnership

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About this question

Topic
Business enterprise, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2017 Paper 1 Variant 2, question 35.

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