Chapter 4 Review

Chapter 4 Review

9th - 12th Grade

61 Qs

quiz-placeholder

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Chapter 4 Review

Chapter 4 Review

Assessment

Quiz

Business

9th - 12th Grade

Easy

Created by

Krista Kravig

Used 3+ times

FREE Resource

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61 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Any money and assets owned by a sole proprietor can be claimed by creditors to pay debts.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Partnerships and Sole Proprietorships are easy to start

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Corporations are owned by one or more shareholders and are managed by a board of directors.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Most businesses are partnerships.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A written legal document that defines ownership and operating procedures and conditions for the business.

Cooperative

Articles of Incorporation

Franchise

Limited Liability

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business owned by only one person

Corporation

Partnership

Sole Proprietorship

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A company that is registered by a state and operates apart from its owners

Corporation

Partnership

Sole Proprietorship

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