5 Questions
Which business entity has unlimited liability for its owner?
Partnership
Which legislative requirement governs the registration of business names in Dominica?
Registration of Businesses Names Act, Chapter 78:46
Which business entity offers limited liability to its owners?
Private Limited Liability Company
Which type of business entity is also referred to as a sole proprietor?
Sole Trader
Which concept relates to the separate legal existence of a business entity from its owners?
Incorporation
Test your knowledge of business entities and organizational forms with this quiz. Explore the definition of business entities, compare the main types, and understand concepts such as legal personality, incorporation, and limited liability. Get familiar with legislative requirements governing business entities.
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