Business Organizations & Market Structures

Front

Which of the following is NOT one of the three types of business organizations? Sole Proprietorship, Partnership, Corporation, Oligopoly

Back

Oligopoly

Front

Which business organization has a single owner? Options: Sole Proprietorship, Corporation, Partnership, Oligopoly

Back

Sole Proprietorship

Front

Which business organization is a firm legally owned by two or more people? Options: Sole Proprietorship, Corporation, Partnership, Oligopoly

Back

Partnership

Front

Which business organization issues stocks? Options: Sole Proprietorship, Corporation, Partnership, Oligopoly

Back

Corporation

Front

Which business organization has the disadvantage of unlimited liability for a single individual? Options: Sole Proprietorship, Corporation, Partnership, Oligopoly

Back

Sole Proprietorship

Front

Which business organization has the disadvantage of potential for conflict? Options: Sole Proprietorship, Corporation, Partnership, Oligopoly

Back

Partnership

Front

Which business organization has the disadvantage of paying special taxes (double taxation)? Options: Sole Proprietorship, Corporation, Partnership, Oligopoly

Back

Corporation

Front

SSEMI3 Money payments distributing some of a corporations profit to shareholders on a quarterly basis.

Back

Dividends

Front

The financial responsibility for paying the debts of a business can be called: taxation, stock, dividend, lilability

Back

liability

Front

If a business fails to meet its financial obligations, the owner (or owners) are personally responsible for those debts.

Back

unlimited liability