Entrepreneurship

Which is not a type of business?

• Wholesaler
• Retailer
• Proprietorship
• Service

Which type of business does this image represent? 

• Wholesale
• Retail
• Service
• Manufacturing

This type of business sells to other businesses

• Wholesaler
• Retailer
• Service
• manufacturing

What of the following in not one of the three major types of ownership?

• Proprietorship
• Partnership 
• Corporation 
• Franchise 

„A _____________ is defined as a separate legal entity formed by documents filed with your state.  Owned by one or more shareholders and managed by a board of directors

• proprietorship 
• Partnership 
• Corporation 
• Joint Venture

Which type of ownership has limited liability? 

• Corporation 
• Partnership 
• Proprietorship 
• Joint Venture

Which of the following types of ownership can sell stock?

• Proprietorship 
• Partnership 
• Corporation 

„The company that owns the product or service and grants the rights is ___________. 

• Franchisee
• Franchiser 
• Franchise 

„A written contract granting permission to operate a business to sell products and services in a set way

• Franchisee
• Franchiser
• Franchise
• Chain

Portillo's is an example of which type of ownership? 

• Franchise
• Chain
• Joint Venture
• Corporation