Legal Structures Types
9th Grade
•6 Qs
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Legal Structures Types
Quiz
•
Computers
•
9th Grade
•
Practice Problem
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Medium
Tanya Naylon
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6 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of legal structure is best for international business even with being double-taxed?
Non-profit
C corporation
Sole proprietorship
S corporation
LLC
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of legal structure is ideal for a single owner seeking low risk?
Non-profit
C corporation
Sole proprietorship
S corporation
LLC
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of legal structure has a lower tax rate that prevents the company from being double-taxed?
Non-profit
C corporation
Sole proprietorship
S corporation
LLC
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of legal structure has no ownership and no US federal taxes?
Non-profit
Partnership
Sole proprietorship
S corporation
LLC
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of legal structure is easy to create but comes with unlimited liability?
Non-profit
Partnership
Sole proprietorship
S corporation
LLC
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of legal structure has a shared financial backing?
Non-profit
Partnership
Sole proprietorship
S corporation
LLC
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