ECONOMICS: UNIT 3 REVIEW "Business Organization"
Authored by Chris DAngelo
Specialty
9th - 12th Grade
Used 73+ times
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26 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The sole proprietorship is the most commonly found form of business organization in the U.S.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A merger of corporations involved in different steps of manufacturing or marketing is known as a
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
One advantage to creating a corporation is double taxation.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which letter represents the proper location on the diagram for “unlimited liability”?
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a firm legally ceases to exist when an owner dies, quits, or sells the business
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
ownership certificates in a firm
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
organization that promotes the collective interests of its members rather than seeking financial gain for its owners
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