
ch 2.sole prop and partnership
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11th Grade
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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Someone who wants to control every aspect of their business should form this type of business.
Sole Proprietor
Partnership
Corporation
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Maria is using her savings to open a shop selling clothing from Mexico. What type of business is it?
Sole Proprietorship
Partnership
Corporation
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Louise and Susan are meeting to plan a new advertising campaign for the town newspaper they own. What type of business do they have?
Sole Proprietorship
Partnership
Corporation
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When Luigi's Pizzeria went out of business, he was still responsible for paying all of the restaurant's bills. What type of business did he have?
Sole Proprietorship
Partnership
Corporation
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A father who wants to take his son into the business with him should form this type of business.
Sole Proprietorship
Partnership
Corporation
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Louise and Susan are meeting to plan a new advertising campaign for the town newspaper they own. What type of business do they have?
Sole Proprietorship
Partnership
Corporation
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
2. The partners usually draw up a ________________ to protect each other in case of any disagreements.
Hire Purchase Agreement
Partnership Agreement
Partnership Act 1961 Agreement
Registration of Business Agreement
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