Forms of Businesses
Authored by Tina Blackstock
Business
10th Grade
Used 38+ times
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Business owned by two or more persons who share the risks and rewards.
Partnership
Stock
Intermediary
Sole Proprietorship
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Shares of ownership in a corporation
Partnership
Stock
Intermediary
Sole Proprietorship
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business treated by law as separate from its owners
Corporation
Processors
Manufacturers
Unlimited Liability
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Business that change raw goods into more finished products
Corporation
Producers
Manufacturers
Unlimited Liability
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Tony and Alex own a saloon together. They share equal responsibility and each receive 50% of the profits. What form of business organization is this?
Sole Proprietorship
Partnership
Corporation
Cooperative
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main purpose or objective of business?
earn profit
create job
help other people
none of the choices
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Advantages of this business type are that the owner is their own boss and gets to keep all the profits.
Sole Proprietorship
Partnership
Corporation
Cooperative
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