
Intro to Business Ch. 6 Test
Quiz
•
Business
•
9th - 12th Grade
•
Easy
Jamie Allen
Used 1+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: As your business expands, you can change the form of ownership.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: A sole proprietorship is owned by several people.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: If you own more than half the stock of a corporation, you get to keep all the profits.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: A corporation is owned by the stockholders
True
False
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which of the following is a business owned by two or more persons who share the risks and rewards?
partnership
sole proprietorship
cooperative manufacturer
retail producer
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which of the following is a license to run a corporation?
shares of stock
partnership agreement
corporate charter
corporation license
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A corporation is controlled by this.
corporate license
Small Business Administration
stocks
board of directors
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