Legal Structures Types

Legal Structures Types

9th Grade

6 Qs

quiz-placeholder

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Legal Structures Types

Legal Structures Types

Assessment

Quiz

Computers

9th Grade

Medium

Created by

Tanya Naylon

Used 5+ times

FREE Resource

6 questions

Show all answers

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