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Preliminary Examination

Authored by Eloisa Hernandez

Business

12th Grade

Used 6+ times

Preliminary Examination
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33 questions

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1.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

Growth limited by the owner's financial means.

sole proprietorship

partnership

corporation

cooperative

2.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

Check and balance maintained with two or more owners

sole proprietorship

partnership

corporation

cooperative

3.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

Risks and losses are shared with other shareholders

sole proprietorship

partnership

corporation

cooperative

4.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

Association of two or more persons who act as co-owners of a business.

sole proprietorship

partnership

corporation

cooperative

5.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

Duly registered association of persons with a common bond of interest

sole proprietorship

partnership

corporation

cooperative

6.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

A business demanding on owner's personal time

sole proprietorship

partnership

corporation

cooperative

7.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

Professional managers may be employed by the members.

sole proprietorship

partnership

corporation

cooperatives

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