Business Terms Test Part 2
Authored by Stacy-Ann Lawes
Business
6th - 8th Grade
Used 94+ times
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12 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
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
3.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
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
4.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
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
5.
MULTIPLE CHOICE QUESTION
1 min • 2 pts
A is the item offered for sale.
Product
Logo
EIN
Website
6.
FILL IN THE BLANK QUESTION
1 min • 2 pts
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.
7.
OPEN ENDED QUESTION
3 mins • 4 pts
Name 4 different types of customers
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