Business structures

Business structures

12th Grade

15 Qs

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Business structures

Business structures

Assessment

Quiz

Computers

12th Grade

Practice Problem

Medium

Created by

Brandon Etchieson

Used 4+ times

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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person is personally and solely responsible for the debts of a business.

Parnters

Sole Proprietership

LLC

C-Corp

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A Business plan should contain short- and long-term goals.

Yes

No

Sometimes

It depends

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Business ownership type can change over time

Yes

No

Only to a LLC

Only From an LLC

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

wage garnishment is legal in Arkansas

Yes

No

Only for men

Only in Little Rock and Conway

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In Arkansas the rate overtime rate for hourly workers is

2.0

1.5

1.25

1.0

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Someone who creates their own business.

Partner

Employee

Entrepreneur

Manager

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

As far as minimum wage is concerned, who has the final say?

State Goverment

Local Goverment

National Goverment

Who ever's rate is the highest

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