Micro Unit 2B

In which type of business do owners have the least amount of input on dad to day operations?

• partnership

• sole proprietorship

• corporation

• vertical merger

Which business type has double taxation?

• sole proprietorship

• partnership

• corporation

Unlimited life is an advantage of what business type?

• sole proprietorship

• partnership

• corporation

Mr. Miller is liabel for all of his costs and debts

• merger

• sole proprietorship

• partnership

• corporation

utility company which controls all services is an example of what?

• natural monopoly

• merger

• oligopoly

• perfect competition

One disadvantage of a partnership is what?

• More capital

• sharing profits

• complete control

• unlimited life

Market domination by 3 companies is an example of what?

• monopoly

• perfect competition

• oligopoly

• monopolistic competition

Distributions from shares of stock are called what?

• dividends

• capital gains

• apples

• open market

A business owned by 2 or more people...

• oligopoly

• partnership

• circus

• sole proprietorship

Which market structure has no competition?

• Perfect Competition

• Monopolistic competition

• Oligopoly

• Monopoly