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Types of Business Ownership

Authored by Melissa L Dux

Business

9th - 11th Grade

Used 78+ times

Types of Business Ownership
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8 questions

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1.

FILL IN THE BLANKS QUESTION

30 sec • 1 pt

Both owners are responsible for decisions & business functions in a (a)   .

2.

FILL IN THE BLANKS QUESTION

30 sec • 1 pt

Articles of Incorporation are legal documents that define the ownership and operating procedures and conditions of what type of business?

(a)  

3.

FILL IN THE BLANKS QUESTION

30 sec • 1 pt

I just started my business and work best on my own, so I set up my business as a (a)   .

4.

FILL IN THE BLANKS QUESTION

30 sec • 1 pt

A (a)   is a business owned and controlled by two or more people who have entered into an agreement

5.

FILL IN THE BLANKS QUESTION

30 sec • 1 pt

A (a)   is the easiest type of business ownership to set up.

6.

FILL IN THE BLANKS QUESTION

30 sec • 1 pt

In this type of business ownership, assets are protected and the liability of stockholders is limited to the amount of money invested.

(a)  

7.

FILL IN THE BLANKS QUESTION

30 sec • 1 pt

The majority of all businesses are set up as this type of business.

(a)  

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