
Business/Labor Quiz
Authored by Joel Plantinga
Social Studies
12th Grade
Used 130+ times

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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business owned by an individual who makes all decisions, receives all profits, absorbs all losses and debts:
Sole proprietorship
Partnership
Corporation
Small Business
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Business owned by two or more co-owners who share decision-making, profits, and losses:
Sole proprietorship
Partnership
Corporation
Small Business
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business that conducts business in its own name and is owned by stockholders:
Sole proprietorship
Partnership
Corporation
Small Business
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The ultimate decision-maker in a corporation:
Chief Executive Officer
Chief Financial Officer
Board of Directors
Stockholders
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Form of a business where a corporation lets a person or group use its name and sell its product:
Small Business
Partnership
Franchise
Sole Proprietorship
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following most impacts the leverage held by a union?
Antitrust laws
Share of labor
Price controls
Wage regulations
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Taft-Hartley Act of 1947:
Prohibited unions from requiring membership for employment.
Prohibited unions from knowing how members vote in elections
Prohibited government from banning union strikes
Prohibited employers from forcing employees to work.
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