Unit 7-9 Test
Quiz
•
Social Studies
•
12th Grade
•
Easy
Kyle Pine
Used 4+ times
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a sole proprietorship?
Business with many owners
Business with one owner
A Franchise
A chain store
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the legal obligation held to business owners to pay off all debts?
Liability
Limited Access
Fringe Benefits
Monopoly
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What kind of businesses are owned by two or people?
Sole Proprietorship
Franchise
Partnership
Monopolistic Competition
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which one is not a disadvantages of partnerships
Assets build up the company
Unlimited Liability
Conflicts
Permanent separations or fall outs
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the money called that is available to you after taxes?
Pre-Tax Money
Net Income
Disposable Income
401k Money
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
One of the best things to do when investing is placing money in different types of investments which is called what?
Load up in one place
Diversify
Bury it in the backyard
Put it all in savings
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What are the two common types of retirement funds? (Mark two)
401k
Roth IRA
Merrill Lynch Stocks
Mutual Funds
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