Search Header Logo

Types of Businesses

Authored by Jaimie Qaiser

Business

9th - 10th Grade

Used 16+ times

Types of Businesses
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

32 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A business owned and operated by one person. The owner is responsible for all operations of the business and assumes all the risk.

Sole Proprietorship

Partnership

Corporation

Franchise

Non-Profit

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A form of business organization in which two or more people own and operate the business together.

Sole Proprietorship

Partnership

Corporation

Franchise

Non-Profit

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A legal entity that exists independently of its owners. The owners are called shareholders.​

Sole Proprietorship

Partnership

Corporation

Franchise

Non-Profit

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A business structure where they purchase the rights to use a business' name, sell their product or service, marketing, etc.

Sole Proprietorship

Partnership

Corporation

Franchise

Non-Profit

5.

MULTIPLE CHOICE QUESTION

1 min • Ungraded

I am starting my first ever business, selling a product locally in my hometown, and I won't need any employees to start. In your opinion what is the best business structure for me to use?

Franchise

Sole Proprietorship

Corporation

Partnership

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Difficult and costly to start

Sole Proprietorship

Partnership

Corporation

Franchise

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Easiest form to start and most common form of business

Sole Proprietorship

Partnership

Corporation

Franchise

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?