Business Ownership Review
Authored by Dawn Rogers
Business
9th Grade
Used 2+ times
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34 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Business owned by 1 person
Sole Proprietorship
Corporation
Non-Profit Organization
Partnership
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
You can sell shares of stock which brings in capital
Corporation
Sole Proprietorship
LLC
Non-Profit Organization
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This business type protects owners personal assets, like car, house, money, etc. and can have one or more owners
LLC
Sole Proprietorship
Corporation
Non-Profit Organization
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Takes a lot of time, money, and people to start
Corporation
Sole Proprietorship
LLC
Non-Profit Organization
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This type of business can have a single or multiple owners but is taxed like a corporation.
LLC
Sole Proprietorship
Corporation
Non-Profit Organization
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Very common way to start up a business if you want to work with someone else.
Partnership
Sole Proprietorship
Corporation
Non-Profit Organization
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Owners are the shareholders.
Corporation
Sole Proprietorship
Partnership
Non-Profit Organization
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