Types of business Ownership

1. Aling Tina put up a business of her own a sari-sari store in their neighborhood. What type of ownership does she have?

• a. Sole-propiertorship

• b. Partnership

• c. Corporation

2. They are taking on a new approach to marketing and will soon launch a million-dollar advertising plan. 🔊

• a. Sole-propiertorship

• b. Partnership

• c. Corporation

3. Because he runs such a large organization,he needs 3 or more owner in his business.

• a. sole-propiertorship

• b. partnership

• c. corporation

4. One of the advantage of corporation is ________?

• a. minimum capital

• b. needs less capital

• c. maximum capital

5. This is a type of ownership the disadvantage is that the owner does not have a control and decides in his own.

• a. Partnership

• b. corporation

• c. sole-propiertorship