Business Types
Quiz
•
Special Education
•
12th Grade
•
Practice Problem
•
Easy
Richard Butterworth
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 for 2 people to manage
Easy to end
Easy for 1 person to manage
limited liability
Easier to recruit top people
single owner keeps all profits
Easy to raise capital
unlimited life
Easy for 2 people to start
2.
CATEGORIZE QUESTION
3 mins • 1 pt
Organize these disadvantages into the right categories
Groups:
(a) Sole Proprietorship
,
(b) Partnership
,
(c) Corporation
More regulations
Shareholders have limited control
Unlimited liability
Expensive to start
Double taxation
Partners responsible for each other
Hard to raise money
Hard to find top employees
Conflict between partners
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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