PBMF Lesson 5-2: Forms of Business Ownership
Authored by VASHON LEWIS
Other
9th - 12th Grade
Used 124+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Owned and controlled by two or more people
Proprietorship
Partnership
Corporation
All of these
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A written agreement defines ownership
Proprietorship
Partnership
Corporation
Partnership and/or Corporation
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Owned and run by one person
Proprietorship
Partnership
Corporation
All of these
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Shareholders have a voice in business decisions
Proprietorship
Partnership
Corporation
All of these
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
No protection for personal assets
Proprietorship
Partnership
Corporation
Proprietorship and/or Partnership
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Managed by a board of directors
Proprietorship
Partnership
Corporation
Partnership and/or Corporation
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Usually must be dissolved if an owner leaves
Proprietorship
Partnership
Corporation
All of these
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