Final Business Organization Activity

This type of business is owned by one person:

• Partnership

• Joint Stock

• Sole Proprietorship

A partnership can have about 20 entrepreneurs

• false

• true

A and R's is an example of partnership?

• true

• false

Which business is owned by an endless amount of stockholders/investors ?

• Multinational Corporation

• Private Joint Stock

• Public Joint Stock

All of the following are types of business organizations in the Free Market Economy EXCEPT:

• State enterprise

• Sole Proprietorship

• Partnership

• Joint stock companies

What is multinational corporations ?

• a company that is primarily based in more than one country

• a company that is primarily based in some countries

• a company that is primarily based in one country

What is the firs step in the development of a multinational business ?

• Establishing trade relationships

• Evaluating trade relationships

• Controlling trade relationships

All of the following are examples of Cooperatives EXCEPT:

• Credit Union

• Taxi driver

• Consumer

• Commercial Banks

Belize Water Services Ltd. is an example of which Business Organization?

• Sole Proprietorship

• Partnership

• Private Joint Stock

• Public Joint Stock

Which of the following is true about partnership?

• All partners have limited liability

• A partnership cannot have more than 2 persons

• There is lack of continuity if one partner dies

• The partners are called shareholders