Business Types
Authored by Richard Butterworth
Special Education
12th Grade
Used 12+ times
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5 questions
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1.
CATEGORIZE QUESTION
3 mins • 1 pt
Organize these advantages into the right categories
Groups:
(a) Sole Proprietorship
,
(b) Partnership
,
(c) Corporation
Easy for 1 person to start
Easy to raise capital
Easy to end
Easy for 2 people to manage
Easy for 2 people to start
single owner keeps all profits
unlimited life
limited liability
Easier to recruit top people
Easy for 1 person to manage
2.
CATEGORIZE QUESTION
3 mins • 1 pt
Organize these disadvantages into the right categories
Groups:
(a) Sole Proprietorship
,
(b) Partnership
,
(c) Corporation
Hard to raise money
Hard to find top employees
Conflict between partners
Double taxation
Partners responsible for each other
Expensive to start
Unlimited liability
More regulations
Shareholders have limited control
3.
CATEGORIZE QUESTION
3 mins • 1 pt
Groups:
(a) Sole Propiertorship
,
(b) Partnership
,
(c) Corporation
Has rights like an individual
1 owner
2 or more owners
4.
DRAG AND DROP QUESTION
1 min • 1 pt
Bubba is the only owner, so his business is a (a) .
5.
DRAG AND DROP QUESTION
1 min • 1 pt
A partnership has (a) owner(s).
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