LAW102_Session 12_HiepTH9
Authored by Trần Hữu Hiệp (FU CT)
Education
University
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10 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
There are no formalities to being and operating a sole proprietorship.
True
False
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The purpose of Fictitious Name Registration Statutes is to collect tax.
True
False
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The biggest disadvantage of a sole proprietorship is that it may not continue after the owner's death.
True
False
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Any person competent to make a contract has the competence to be a partner.
True
False
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A partnership can only be formed to run a lawful business.
True
False
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The main disadvantage of a corporation is that the people who own or control a majority of the voting stock have the sole voice in management.
True
False
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A corporation does not have an existence separate and apart from the existence of its individual members.
True
False
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