Business Chapter 2
Authored by Francisco Postigo
Business
9th - 12th Grade
Used 12+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which of the following types of business ownership have unlimited liability?
Sole Proprietorship and Partnership
Corporations
Limited liability Partnership
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business owned and operated by one person - responsible for all operations of the business and assumes all the risks
Sole Proprietorship
Partnership
Corporation
Co-operatives
Franchise
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A form of business organization in which two or more people own and operate the business together
Sole Proprietorship
Partnership
Corporation
Co-operatives
Franchise
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A legal entity that exists independently of its owners, who are called shareholders
Sole Proprietorship
Partnership
Corporation
Co-operatives
Franchise
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Businesses owned and operated by a group of people with strong common interest. The startup costs are shared among the members.
Sole Proprietorship
Partnership
Corporation
Co-operatives
Franchise
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business established or operated under an authorization to sell or distribute a company's goods or services in a particular area
Sole Proprietorship
Partnership
Corporation
Co-operatives
Franchise
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Can have up to 50 shareholders (shares are not offered to the public)
Private corporation
Public corporation
Crown corporation
Non-profit corporation
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
