
Final Exam Review
Social Studies
12th Grade
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15 questions
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1.
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1 min • 2 pts
It is in the best interest of a sole proprietor to register as a _______ __________ ___________ to protect their personal assets. This assures the business will be liable and not the individual.
2.
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1 min • 2 pts
If you have a good idea for a business or innovation you should be sure to get a ______. Doing so will prevent someone else from profiting off of your idea.
3.
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1 min • 2 pts
A large company that has various share holders is considered to be a ___________.
4.
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1 min • 2 pts
An independent Entrepreneur who has a small business and has not filed has an LLC has a ____ _______________.
5.
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1 min • 2 pts
Obtaining enough capital, establishing a trusted brand, and government regulations are all ________ ___.
6.
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1 min • 2 pts
Jonh D. Rockefeller and Andrew Carnegie are known for creating very successful monopolies, this is also the reason the ____ _____ __________ laws were created.
7.
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1 min • 2 pts
_________ is the study of how society's unlimited wants/needs will be fulfilled with limited resources.
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