Business Structures and Legal Requirements
Quiz
•
Life Skills
•
9th - 12th Grade
•
Practice Problem
•
Hard
Léann Woodhouse
FREE Resource
Enhance your content in a minute
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the easiest business structure to choose?
Sole proprietorship
Partnership
Corporation
Nonprofit corporation
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which business structure provides limited liability?
Sole proprietorship
Partnership
Corporation
Cooperative
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which business structure allows you to sell stock to the public?
Sole proprietorship
Partnership
Corporation
Limited liability company
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which business structure focuses on social good?
Sole proprietorship
Partnership
Benefit corporation
Limited liability company
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which business structure is a hybrid of a corporation and partnership?
Sole proprietorship
Partnership
Corporation
Limited liability company
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which business structure is owned by the people using it?
Sole proprietorship
Partnership
Corporation
Cooperative
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which business structure is tax-exempt and does charity work?
Sole proprietorship
Partnership
Corporation
Nonprofit corporation
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