Types of Business Organizations/.Entrepreneurship

Two sisters decide to pool their talents and resources to start a pet-sitting service _____.

• Proprietorship

• Partnership

• Corporation

 Eight owners of a construction company hire a lawyer to incorporate their business so it can act as a legal entity_____.

• Proprietorship

• Partnership

• Corporation

A teacher decides to use his experience and  writing ability to create his own publishing company that produces teaching materials for schools _____

• Proprietorship

• Corporation

• Partnership

 Entrepreneurs pull together productive resources to produce a good or service _____.

• Fact

• Opinion

It is more difficult to be an entrepreneur in the computer industry than in the restaurant business

• Fact

• Opinion

Entrepreneurs are willing to take risks to start a business.

• Fact

• Opinion

 One goal of an entrepreneur is to make a profit.

• Fact

• Opinion