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40 Qs

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Kewenda Mckinnis

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40 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Difficult and costly to start

Corporation

Sole Proprietorship

Partnership

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Easiest form to start and most common form of business

Sole Proprietorship

Partnership

Corporation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Unlimited legal and financial responsibility is shared

Partnership

Corporation

Sole Proprietorship

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Requires an agreement to start

Sole Proprietorship

Partnership

Corporation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Requires a charter filed with the government to start

Sole Proprietorship

Partnership

Corporation

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Owner keeps all the profits

Sole Proprietorship

Partnership

Corporation

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Double Taxation

Sole Proprietorship

Partnership

Corporation

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