PBMF Lesson 5-2: Forms of Business Ownership

PBMF Lesson 5-2: Forms of Business Ownership

9th - 12th Grade

15 Qs

quiz-placeholder

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PBMF Lesson 5-2: Forms of Business Ownership

PBMF Lesson 5-2: Forms of Business Ownership

Assessment

Quiz

Other

9th - 12th Grade

Practice Problem

Hard

Created by

VASHON LEWIS

Used 124+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

Owned and controlled by two or more people

Proprietorship
Partnership
Corporation
All of these

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A written agreement defines ownership

Proprietorship  
Partnership            
Corporation        
Partnership and/or Corporation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Owned and run by one person

Proprietorship  
Partnership    
Corporation  
All of these

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Shareholders have a voice in business decisions

Proprietorship  
Partnership    
Corporation  
All of these

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

No protection for personal assets

Proprietorship  
Partnership    
Corporation  
Proprietorship and/or Partnership     

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

Managed by a board of directors

Proprietorship  
Partnership    
Corporation 
Partnership and/or Corporation  

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

Usually must be dissolved if an owner leaves

Proprietorship  
Partnership    
Corporation  
All of these

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