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Types of Business

Authored by Kim Christian

Business

6th - 8th Grade

Used 8+ times

Types of Business
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12 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A type of business that is owned by one person.

sole proprietorship

franchise

corporation

partnership

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A type of business that is owned by two or more people.

sole proprietorship

franchise

partnership

corporation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A type of business that is owned by many people, but treated by law as one person.

sole proprietorship

franchise

partnership

corporation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A contractual agreement to sell a company's products or services in a specific geographic area.

sole proprietorship

franchise

corporation

partnership

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Taco Bell, McDonald's, and Block Buster are examples of this type of business.

franchise

corporation

partnership

sole proprietorship

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Nike, IBM, and Google are examples of this type of business.

franchise

corporation

partnership

sole proprietorship

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Law firms, medical practices, and auto body repair shops are examples of this type of business.

franchise

corporation

sole proprietorship

partnership

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