O-LevelCommerceBusiness enterprise7100/11 · Oct/Nov 2011 · Q371 Mark

To which type of business organisation do all these features apply? • liability for business debt limited to shareholder investment • trading of shares on a stock exchange • publication of balance sheet and profit and loss account

Afranchise

Bpartnership

Cprivate limited company

Dpublic limited company

✓ Correct answer

D: public limited company

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Topic: Business enterprise, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2011 Paper 1 Variant 1, question 37.

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