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Ownership Review

Authored by Lisa Lankford

Business

9th - 12th Grade

Used 11+ times

Ownership Review
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38 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Direct exporting occurs when a company seeks to sell good and services in other countries

Yes

No

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A corporation can raise money by selling stock

yes

no

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If I have limited liability in a corporation and it fails I can lose my investment

yes

no

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A government-owned corporation is a cooperative

yes

no

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Lowest-risk method to get involved in international business is a joint venture

yes

no

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a manufacturer produces products from a company located in another country this is contract manufacturing

Yes

no

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Disadvantage of a sole proprietorship

double taxation

limited life of business

difficult to start

owners shares profit

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