
Econ Business Organizations
Authored by Todd Cardone
Social Studies
12th Grade
Used 3+ times

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23 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is an advantage of a sole proprietorship
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In what type of business organization is each owner personally liable for all business debts, even if the debts were created by other owners?
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The easiest form of business to start and end is a(n)
Corporation
sole proprietorship
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is a disadvantage of a Franchise?
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Sara’s Hair Palace is a small, locally owned beauty salon in Sterling. This represents what type of business?
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Susie is starting her own lemonade store. What economic term would best describe Susie and what does that term mean?
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Dan has $5,000. He wants to invest his money in the type of business that has the least amount of liability. In which type of business should he invest?
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