Micro Enterprise Test

A debt or loan that a company must repay

• maturity

• liability

• entrepreneur

• skooter

What is the date when the final loan payment will be made?

• Maturity

• liability

• Bank loan

• debt

What is a registered agent?

• financial loan applicant

• individual responsible for paying off debts

• individual responsible for receiving legal documents

• risk taking person

what is an accurate example of an entrepreneur?

• multi million dollar corporation

• walmart

• person who started out cutting grass as a teen and now owns a lawn care business

• person who was born into a rich family and took over the family business

what is a characteristic of a successful entrepreneur?

• self discipline

• determination

• pudding cup

• both A&B

What is not a characteristic of a successful entrepreneur?

• Self discipline

• determination

• bowling shoes

• both A&B

What is one requirement of a loan applicant?

• Social security number

• business info

• personal info

• both B&C

Which is better for long term investments?

• credit card debt

• Bank debt

• Online credit

• intellectual property

What is a federal government agency?

• BBA

• SBA

• DBA

• ABD

What is the term for the property and the buildings on it?

• Equity

• Financial loan

• Real estate

• Property