Business Terms Test Part 2

A is a legal designation that can protect small-business owners from personal liability in business obligations.

• S Corp

• C Corp

• LLC or Limited Liability Company

• EIN

An  is a tax classification that can protect small-business owners' assets from double taxation.

• LLC or Limited Liability Company

• C - Corporation

• EIN

• S-Corporation

A is a legal structure for a corporation in which the owners, or shareholders, are taxed separately from the entity.

• C-Corporation

• LLC

• S-Corporation

• EIN

A also known as a Federal Tax Identification Number, is used to identify a business entity. (Hint a Social Security # for your business)

• S-Corporation

• EIN

• LLC

• C-Corporation

A is the item offered for sale.

• Product

• Logo

• EIN

• Website

is a collection of web pages and related content that is identified by a common domain name and

published on at least one web server.

Name 4 different types of customers

Evaluate responses using AI:

OFF

a person or organization that buys goods or services from a store or business.

• Bank

• LLC

• Customer

a symbol comprised of words, images, and colors that is used to identify a brand or product.

• Website

• Logo

• S-corp

• Graphics

What is Target Demographic?

Evaluate responses using AI:

OFF