Econ 3-2 Business Organizations
Authored by Sarah Smith
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KG - University
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14 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Disadvantages include unlimited liability, difficult to raise financial capital, difficulty attracting qualified employees, limited life
Sole Propriotorship
Partnership
Corporation
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Disadvantages include limited life and
the potential for conflict between partners
Sole Propriotorship
Partnership
Corporation
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Disadvantages include double taxation and more government regulation
Sole Propriotorship
Partnership
Corporation
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Characteristics include owned by two or more people and may be general or limited
Sole Propriotorship
Partnership
Corporation
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
You must file for permission to form from the national or state government
Sole Propriotorship
Partnership
Corporation
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Advantages include limited liability for owners, unlimited life, and ease of transfer of ownership.
Sole Propriotorship
Partnership
Corporation
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Advantages include full control, ease of start up, no separate taxes, and ease of start up.
Sole Propriotorship
Partnership
Corporation
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