Business Ownership and Registration (Law)

Which of the following is defined as a business in which partners have an unequal share and liability in the business?

• Sole Proprietorship

• General Partnership

• Franchise

• Limited Partnership

Which of the following is defined as a business which is owned and operated by one individual?

• Franchise

• Partnership

• Sole Proprietorship

• Entrepreneurship

Which of the following is a disadvantage of a franchise?

• Must follow the parent company’s business structure

• Shared advertising expenses

• Requires assistance from a parent company

• Name recognition

Which of the following is a type of business which operates as a separate legal entity?

• Corporation

• Partnership

• Franchise

• Sole Proprietorship

Which of the following is NOT a type of business ownership?

• Franchise

• Entrepreneurship

• Partnership

• Sole Proprietorship

Groups of individuals who invest money in various types of companies in search of making a profit are known as which of the following?

• Investing entrepreneurs

• Socialists

• Investors

• Capitalists

Which of the following is the money raised by a business or investor in exchange for a share of ownership in the company?

• Venture capital

• Investment capital

• Debt capital

• Equity capital

Which of the following is the money or other resources needed to pay for a part or parts of the company?

• Purchasing cost

• Finance

• Investment

• Grant

Which of the following is money borrowed from a business or investment which must be repaid over time with interest?

• Equity capital

• Venture capital

• Investment capital

• Debt capital

Which of the following is the process of issuing loans in small amounts?

• Leasing

• Microlending

• Macrolending

• Granting