Business Ownership Quiz

Business Ownership

9th - 12th Grade

•

15 Qs

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Business Ownership

Quiz

•

Life Skills

•

9th - 12th Grade

•

Medium

Rob Ambrosino

Used 10+ times

FREE Resource

15 questions

Show all answers

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the most common form of business ownership?

Corporation

Company

Sole Proprietorship

LLC

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a form of business ownership in which 2 or more people jointly owns a business

Sole Proprietorship

Company

Partnerships

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This type of business is subject to many more laws and are more difficult to form.

Proprietorship

Partnership

Corporation

Franchise

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an advantage of a partnership?

Unlimited Liability

Arguments

Shared responsibility

Less investors

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Owned by one individual.

Proprietorship

Partnership

Corporation

None of the above

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Owned by two or more individuals.

Proprietorship

Partnership

Corporation

None of the above

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Owners share the risks and the profits.

Proprietorship

Partnership

Corporation

None of the above

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