Business Ownership
Authored by DeAna Islas
Other
5th - 12th Grade
Used 1+ times
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19 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Only liable for up to the amount invested into the company, and has little to no voice in management.
General Partner
Proprietor
Limited Partner
Corporation
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the most common form of business ownership?
Corporation
Company
Sole Proprietorship
LLC
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a form of business ownership in which 2 or more people jointly owns a business
Sole Proprietorship
Company
Partnerships
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the name of a person who owns part of a corporation?
Stakeholder
Shareholder
Trust Agent
Chairman
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of corporation combines the benefits of a partnership and a corporation?
Limited Liability Company
Trust
Company
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This type of business is subject to many more laws and are more difficult to form.
Proprietorship
Partnership
Corporation
Franchise
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The major policy and financial decision makers of a corporation are determined by the...
CEO/GM/President
Chairman of the Board
Shareholders
Board of Directors
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