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ME_Unit 1_Quiz Review

Authored by Nicole Nash

Life Skills

9th - 12th Grade

Used 42+ times

ME_Unit 1_Quiz Review
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16 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is an entrepreneur?

A person who is in charge of a specific location.
A person who works for someone else in order to learn skills.
A person who organizes and operates a business or businesses.
None of these

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which is NOT a common characteristic of an entrepreneur?

risk-taker
creative
organized
irresponsible

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Business entity that is usually owned by multiple stockholders and operates as a separate legal entity.

proprietorship
partnership
limited liability company
corporation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business that performs tasks for customers.

retail business
service business
franchise
corporation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business owned by two or more people.

Sole proprietorship
corporation
Entrepreneurship
Partnership

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business owned by one person.

Corporation
Franchise
Partnership
Sole Proprietorship

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business that can legally act as a single person, even though many people may own it.

Corporation
Entrepreneurship
Franchise
Partnership

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