Sole Proprietorship
Other
KG - 12th Grade
Used 223+ times
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a Sole Proprietorship?
Business owned by a company
Business owned by one person
Business owned by several companies
Business owned by president
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is a con of Sole Proprietorship?
Easy to raise capital money
Fully/personally responsible for any issues
Decisions don't need approval
Business can continue after owner dies
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is a pro of Sole Proprietorship?
Decisions don't need a approval
Hard to get out of business
A hobo tells you what to do
Split profit equally
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Who can start a sole proprietorship?
You & your best friend
Anyone
Your dog
Need government's approval
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is one example of a Sole Proprietorship?
Landscaper
McDonalds
Insurance Agent
Nike
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