Civics SOL Review CE12 Businesses

This type of business is owned by one person.

• Partnership
• Sole Proprietorship
• Corporation
• Franchise

This type of business is owned by two or more people.

• Sole Proprietorship
• Partnership
• Corporation
• Franchise

This type of business is owned by many people called stockholders.

• Sole Proprietorship
• Partnership
• Corporation
• Franchise

Floral shops, bookstores and farms are examples of.....

• Sole Proprietorships
• Partnerships
• Corporations
• Franchises

Law firms and doctor's offices are examples of.....

• Sole Proprietorships
• Partnerships
• Corporations
• Franchises

Nike, Google and Apple are examples of.....

• Sole Proprietorships
• Partnerships
• Corporations
• Franchises

Sole proprietorship, partnerships, and corporations are the three types of WHAT?

• Schools
• Companies
• Businesses
• Corporations

Banks, credit unions, and savings and loans, and any firm that receives deposits and makes loans are all types of what?

• Financial communication commissions
• Private financial institutions
• Public financial institutions
• Deposit insurance companies

In which of the following would one person be responsible for all of the risks but also receive all of the profits?

• Corporation
• Propreitership
• Partnership
• Dual owner business

There are four types of economic systems.  Most economies in the world are _____ economic systems. 

• Traditional 
• Command 
• Market 
• Mixed