Business Ownership
Authored by Rob Ambrosino
Life Skills
9th - 12th Grade
Used 10+ times
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15 questions
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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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