
Roles and Responsibilities of ESB
Authored by Harry Morales
Business
9th - 12th Grade

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 10 pts
Entrepreneurs are entitled to a steady paycheck because they are responsible for ensuring sufficient cash flow for the business to operate and succeed
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 10 pts
Sole Proprietorship
corporation is a business that is legally separate from its owners
corporation is a corporation designed to get around the double taxation
This is an unincorporated business with one owner
corporation is a benefit corporation or a corporation that makes a profit and provides some social or environmental benefit to the community
3.
MULTIPLE CHOICE QUESTION
30 sec • 11 pts
Non-Profit
Corporations file their own taxes and are responsible for paying their debts.
partnership and corporation
Company that makes all profit
a company whose purpose is not to make money but to provide a benefit to society
4.
MULTIPLE CHOICE QUESTION
30 sec • 9 pts
B Corporation
corporation is a benefit corporation or a corporation that makes a profit and provides some social or environmental benefit to the community
corporation is a corporation designed to get around the double taxation
corporation is the main type of corporation
A corporation that makes no profit
5.
MULTIPLE CHOICE QUESTION
30 sec • 7 pts
Limited Liability Company
A corporation is a business that is legally separate from its owners, the shareholders
This is an unincorporated business with one owner
is the bridge between partnership and corporation
There are two common forms of partnershi
6.
MULTIPLE CHOICE QUESTION
30 sec • 10 pts
General Partnership
is a business that is legally separate from its owners
involves all members agreeing to be responsible for the business's debts, called unlimited liability
It is different from the other types because it is taxed separately from its shareholders.
corporation is a corporation designed to get around the double taxation
7.
MULTIPLE CHOICE QUESTION
30 sec • 10 pts
Cooperative
corporation is a company whose purpose is not to make money but to provide a benefit to society
bridge between partnership and corporation
benefit corporation or a corporation that makes a profit and provides some social or environmental benefit to the community
typically called a co-op, is a business owned by the people who buy its products or use its services
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