What is a company?

A business formed to manufacture or supply products for a profit.

• sole proprietorship
• company
• corporation
• partnership

Jordan's are an example of a company.

• True
• False

A business owned by stockholders is

• company
• non-profit
• sole proprietorship
• corporation

A person who starts their own business and assumes the risk.

• entrepreneur
• investor
• manager
• none of the above

A business owned and managed by two or more people.

• sole proprietorship
• partnership
• corporation
• non-profit

A corporation that does not sell stock to the public is called....

• private company
• public company
• limited company
• none of the above

A share of ownership in a corporation is called...

• piece
• part
• stock
• all of the above

Stock is sold in a 

• public corporation
• private corporation
• partnership

Risking the amount of money invested is ...

• limited liability
• unlimited liability

Which type of business has limited liability?

• corporation
• sole proprietorship
• partnership