Business Ownership

Business Ownership

9th - 12th Grade

15 Qs

quiz-placeholder

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Business Ownership

Business Ownership

Assessment

Quiz

Life Skills

9th - 12th Grade

Medium

Created by

Rob Ambrosino

Used 10+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the most common form of business ownership?

Corporation
Company
Sole Proprietorship
LLC

2.

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

3.

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

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an advantage of a partnership?

Unlimited Liability
Arguments
Shared responsibility
Less investors

5.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Owned by one individual.

Proprietorship
Partnership
Corporation
None of the above

6.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Owned by two or more individuals.

Proprietorship
Partnership
Corporation
None of the above

7.

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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