Entrepreneurship Review

What is a business owned and operated by one person?

• Sole Proprietorship
• Partnership
• Corporation

What is a business owned by stockholders/investors but operated by others?

• Sole Proprietorship
• Partnership
• Corporation

What is a business owned and operated by two or more people?

• Sole Proprietorship
• Partnership
• Corporation

This type of business is a contractual agreement with a parent company to sell its products/services in an area.

• Sole Proprietorship
• Partnership
• Corporation
• Franchise

ownership of assets that may have debts or other liabilities attached to them

• franchise

• sole proprietorship

• equity

• limited liability company (LLC)

Legal entities that make money for reasons other than the owner’s profit

• c-corporation

• s-corporation

• franchise

• non-profit corporation

Justin is the owner of Run's Barbershop and would like an investor to give $30,000 and a 20% stake or ownership which means what?

• equity

• venture capital

• Overdraft

• liability

Wealthy individuals who invest in high-potential businesses are...

• Banks

• Angel Investors

• Shareholders

• Crowdfunders

__________ is a private equity investor that provides capital to companies exhibiting high growth potential in exchange for an equity stake (ownership)

• equity

• angel investor

• venture capitalist

• debt investor

__________ is a private equity investor that provides capital to companies exhibiting high growth potential in exchange for an equity stake (ownership)

• equity

• angel investor

• venture capitalist

• debt investor